**Jeevan Mitra Summary:**

**Jeevan Mitra Triple cover plan** (Table No.133) is a refined version of the endowment plan. Jeevan Mitra – Triple Risk cover is ideal for the persons who require high-risk cover and at the same time want to provide for certain needs. This plan is also good for people availing of housing loans etc.

This is an Endowment Assurance plan that provides greater financial protection against death throughout the term of the plan. It pays the maturity amount on survival to the end of the policy term. If you are looking for a Double Cover, Please go to this page:

**Premiums:**

You can pay your insurance Premiums yearly, half-yearly, quarterly, monthly, or through Salary deductions.

**Bonuses:**

Jeevan Mitra – Triple Risk cover is a with-profit insurance plan that participates in the profits of the LIC’s life insurance business. It gets a share of the profits in the form of bonuses. Simple Reversionary Bonuses are declared per thousand Sum Assured annually at the end of each financial year. Once declared, they form part of the guaranteed benefits of the plan. A Final (Additional) Bonus may also be payable provided a policy has run for a certain minimum period.

**Death Benefit:**

3 times of Sum Assured + Bonus is payable in a lump sum upon the death of the life assured.

**Accident Benefit:**

4 times of SA + Bonus is given on accidental death provided the policy was covered for accidental benefit.

**Maturity Benefit**:

The Sum Assured plus all bonuses declared up to maturity date is payable in a lump sum on survival to the end of the policy term.

**Tax Benefit:**

Tax Benefit is available on Premiums u/s 80C, Whereas Maturity/Death Claim u/s 10D

**Loan Facility:**

The loan is allowed after 3 years

Housing Loan Collateral: Thrice Basic sum assured.

**General Conditions and requirements for Jeevan Mitra Triple cover**

**Min. age at entry:**18 years**Max. age at entry:**50 years**Max. Maturity age:**70 years.**Min. S.A.:**Rs. 50,000/-**Max. SA.:**Any amount**SA in multiples:**Rs. 5,000**Accident benefit per 1000 SA:**Re. 1 extra.**Min Term:**15 years.**Max Term:**30 years.**Surrender of Policy:**Yes**Revival:**Yes**Housing Loan:**Yes**Assignment:**Yes**Survival Benefits:**No**Permanent Disability Benefit:**Available

**Surrender Value :**

Buying a life insurance contract is a long-term commitment. However, the surrender value will be available under the plan on earlier termination of the contract.

**Surrender:**

The policy may be surrendered after it has been in force for 3 years or more. The guaranteed surrender value is 30% of the basic premiums paid excluding the first year’s premium.

**Example:**

If Mr. Amit takes Jeevan Mitra Policy for 1 lakh sum assured with 21 years term:

On maturity He will receive Rs.1 lakh + Rs.136500 (Bonus) + Rs.16000 (Terminal Bonus) Total: Rs. 2,52,500/-

In case of Natural Death after 5 years : Triple SA + Bonus for number of years premium paid + Terminal bonus if any. Rs.3 lakh + Rs.32500 (100x65x17) + 4000 (100×40)

**Update: Jeevan Mitra Triple Cover Endowment Plan no.133 Has Been Discontinued.**

**Note:**

The above is the product summary giving the key features of the plan. This is for illustrative purposes only. This does not represent a contract and for details please refer to your policy document.

mahadebi have jeevan mitra triple cover SA 500000. its of nov 2008 policy. if i surrender this policy right now i am losing 40% money i had deposited. can anybody tell me when should i surrender this policy so that i can atleast get the amount i deposit ?

MAHADEB GHOSH, DEPUTY COMMANDANT, CRPF

MOB- 9434788861

rajesh jhai have a policy sum insurred 55000 half yearly 1888/-

i have run my policy three year and i want to surrender said policy

what amount i reccive after deduction

HIRAL PATELI HAVE PURCHASE JEEVAN MITRA TREEPAL RICK COVER WITH SUM INSURED RS.1200000. AND MONTHLY I PAY RS.5000 TILL 25 YEARS.I HAVE QUESTION WHAT AMOUNT I GET AFTER 25 YEARS??

DHARAMVEER GUPTA01.06.2012

Dear Sir,

Good afternoon

We have take Jeevan Mitra policy T.No. 88 Sum Assured amount Rs.25000/- for 25 Years. Yearly we have paid 1040/- premium.

My policy matured September 2012.

Please confirm how much amount we will received at a time of maturity.

Champak PhukanI am in Jorhat, Assam. I want to know about the policy. I am now 47 yrs and want to know the yrly premium per lakhs for 15 yrs. Please provide point wise benifits and assurance giving by LIC on the policy.

Regards

D.V.RAJUage: 36 years

Sum Assured: 200000

what about yearly primium

Md.Amir Khani am 28 year old. i want to get insurance for rs.200000 jivan mitra scheme. please let me know how many primium paid for monthly sip seheme 20yr. policy. and also give information how many amount receive after 20 yr. and which type of benifit given by lic .please give me answer. thanking you

VijayakumarHi,

I have a jeevan mitra T.NO.133 policy. The term is 24 years and sum assured is 85,000. I have paid for 11 years. Would like to know the surrender charges if i stop now. also, if i continue what is the additional benefit i would receive. how much loan can get on this policy in case if i pledge.

Thanks,

Vijay

MeenaI want jeevan mitra plan for my husband whose date of birth is 20 Dec 1958.What will be the yrly premium (plan for 15yrs),also wants to know any other money back policy good for my husband with yrly low premium.

manohari want jeevan mitra twenty five lakh tripple cover… my age is rnning 35 years and policy want for 15 years how mch per year premim

sekhardetail of product 133, for 20 & 22 years, monthly & early premium to pay. Age 3vings0 years, premium Rs. 20000 monthly , any savings if premium paid yearly ?

Rajan ParabDear Sir

I have jeevan mitra POlicy Jeevan Mitra – Triple Riskcover plan of Rs. 50000.00 And I paid yearly rs. 50000/- (Round off amount) and this policy is of about 15 / 20 years. How much money i will get at the time of maturity.

pls send me the premium table for 15 / 20years.

thanking you.

Kushal kumar kurreydear sir ,i have taken Jeevan mitra 133 on 28/3/2003 .I have last premium up to 2010-2011 @Rs 23798/annum.I want take housing loan in near future .what amount i can get from this policy .the loan amount will be interest free or chargeable.@what% ?.kindly send me reply . thanking u

ajeet kumarin jeevan saral policy which is benificial for me. if i invest 24000 yearl for 15 years & if i invest 24000 yearly for 16 years. & please show me the maturity amount.

Tabrej16 yrs is good.

vijaymy dad age is 55 and my mom age is 45.suggest the non term and ulip polices with low premium and high benefits.

sandeepI want to go for Jeevan Mitra policy, my question is :

1) after getting the policy, if the insured person unfortunately dies with in 1 year, whether nominee will get complete sum assured ? or partial SA

( 3 times SA in triple cover ?)

rajraniDear sir,

I am 24 year old. I have profit plus policy and i paid yearly rs.10000/- and this policy is of about 20 year. How much money i will get at the time of maturity. please give details about this policy money get into the shere market.

Dinesh ShrimalI am +24 year old. I want to purchase a term plan till my 58 year age which risk cover should be Rs.25,00,000

AkashDear Sir

I have jeevan mitra POlicy Jeevan Mitra – Triple Riskcover plan of Rs. 50000.00 And I paid half yearly rs. 2200/- (Round off amount) and yearly about 4500.00 and this policy is of about 20 year. How much money i will get at the time of maturity.

thnks

Mehar Singhhello sir,

i need a policy jeevan mitra triple benefit

Rs. 100000/-

date of birth 10-5-1969.

please advice the premium

thanks

mehar singh

9899773675

p.vamseedhari am 34 years old. i want to get insurance for rs.500000 Jeevan Mitra (Triple Cover Endowment Plan).pls send me the premium table for 20years.thanking you.

paresh d.kelawalai am 34 year old. i want to get insurance for rs.250000 jivan mitra scheme. please let me know how many primium paid for monthly sip seheme 30 yr. policy. and also give information how many amount receive after 30 yr. and which type of benifit given by lic .please give me answer. thanking you

TabrejI will send you the presentation.

shibu danieli hve alrady this plan

am paying amt 18169 half yearly

how many year i need to pay this

sum assured is 500000

plz gve me reply

aarti shahfor

jeevan mitra plan,

for

a person age 41 years if sa is 50000, term 15yrs,

what amt I get at the time of maturity?

in between is there any critical illness then can we get any benifit?

during the term period if policy holder unfortunatly dead then what should be family get & balance premium family has to pay or not for continueing policy?

aarti

aarti shahfor

jeevan mitra plan,

for

a person age 41 years

if sa is 50000, term 15yrs,

how much is yrly premium amt.?

what benefit i should be get after how many year?

is there any money back facility?

how much minimum term i have to pay?

aarti

TabrejYearly premium is Rs. 4,413/- its not a money back plan. You need to pay premium till 15 years.