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Rebate for lic policy

  • Thread starter Thread starter renumani
  • Start date Start date
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R

renumani

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I WANT TO TAKE A NEW INSURANCE POLICY IN CHENNAI AND ENQUIRED ABOUT THE SAME. ONE FAMOUS AGENT TOLD ME HE WILL GIVE 50% REBATE THAT IS THE ANNUAL PREMIUM WORKS OUT TO Rs.1000000/- and the half yearly rebate works out to Rs.50000/-. HE INFORMED ME ALL BIG AGENTS ARE GIVING THIS commission only if we ask. if we not ask they will not give. So all our tamil brothers and sisters be careful whenever you take new policy ask for 50% concession.
 
sorry, the annual premium is one lakh only i.e. Rs.100000/- for jeevan anand policy for 16 year term
 
The commission given by LIC is 35% of premium first year and 15% for next years the agent told that is why they are giving 50% rebte in premium and also they get prizes.
 
many are giving 50% rebate in annual premium i.e.yearly premium . If yearly premium is 25000 many are giving rebate of Rs.12500.00 take care and enjoy. this information is for our middle class brothers and sisters only
 
the percentage of single premium i.e.one time investment is 2%only
 
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