Muscat: LIC International has re-launched Jeevan Aastha, which will be available up to December 31, 2012.
Jeevan Aastha offers a combination of insurance and guaranteed returns to the policy holders, said a press release issued by LIC International.
Policy term will be for three years and the guaranteed returns will be $45 per thousand sum assured with life insurance cover up to $48,000.
The plan has flexible features like withdrawal facility after two years with provision for availing loans if required during the term of the policy. Administrative conditions are applicable.
This product is in addition to 20 other products of the company that caters to education, marriage, pension, health insurance and a unit linked policy – Fortune Builder.
LIC International has declared the highest bonus rates among the life insurance companies in the Gulf region.
LIC International provides financial certainty and financial security through its time tested products.
LIC International, a subsidiary of LIC of India, has been operating in the GCC region for the past 23 years. The company has a track record of stable, outstanding and trustworthy performance.
Since its inception on July 23, 1989, LIC International has brought out good products to serve the life insurance requirements of the non-resident Indian community in the Gulf. LIC International branch office in Muscat started its operation in Oman in 2004. All products and services of LIC International are available from the branch.
It has been offering insurance products to meet the specific needs of the customers.