Hi sir, I bought jeevan saral in 2012 with 120100 yearly primium for 35 years with MSA 4873000 /-.I was 32 years when I purchase this policy and I have paid 5 primium till now.my agent told me at that time and till now he is saying after 10 years I will get approx 18 lacs by paying primium total 12 lacs rs. And then after every 6 years I ll get double my money. 1) is it true? 2) I went to lic Offc and asked them what I ll get after 10 years. First they says ask your agent only. But after so many request they calculated and told me I may get around 1485000/-.with LA. Can you please tell me who’s right ? Agent or lic guy? I am really confused between them.
Refer my post for the complete understanding of Jeevan Saral at “LIC’s Jeevan Saral-Why so much confusion?“.
Ok .. Thanks sir.. But still a bit confusion on MSA for 10 years .. Didn’t understand that.. As you said on the blog can I get MSA chart ..or can you tell me calculation with example so I can understand better .. Sorry for your inconvenience.
Your MSA will be available on your bond paper if you purchased the 10 years Jeevan Saral.
Sir abovevI mentioned MSA 4873000 for 35 years want to know for 10 years ???
You can calculate the MSA for 10 years with the help of your agent or the officials help of LIC. If they don’t know then it’s GOD who can protect you. But surely they have that chart or google it and based on that you can identify.
Yes sir.. I went to lic Offc .. They show me in their internal chart . for 10 years its 1097900. Don’t know how they got this figure . plus LA also 355 based on last year..LA comes around 389000 subject to remail same at 10th year. So total I can get roughly 1487655 . they also said we r not sure. But my agent says I may get 18 lacs.so I m confused .. I am thanking for helping me and undstanding policy. Thank you very much sir once again