subject: Owning A Home, No More A Dream Lic Housing Finance [print this page] A house becomes home with the dreams and smiles of the people living in it. Everyone wishes for a house to live in since the time immemorial. In todays time, to own a house is no more a complex science to understand and apply, rather it is simplified with many new features which have been launched in the financing arena.
LIC or life insurance cover is ones best mate in todays unpredictable era. No one knows when a health, monetary or personal crisis can pop up. In such crisis and tough times there are certain hassles and burdens which come along. The LIC plans are not mere a technique for saving the taxes, rather it acts as a protective cover for ones family and dear ones. When something obnoxious roots up in life, these insurance plans give one the shelter and full term security all through the life. There are a number of LIC plans issued in public interest, they are:
-LIC Komal jeevan
-LIC Jeevan anurag
-Samridhi LIC plus
-LIC Jeevan anand
-LIC Jeevan saral
-Janashree bima yojana
The LIC Jeevan Anand is one unique plan which provides a unique combination of the endowment and whole life plan. The plan not only yields benefits at the end terms of the policy, but continues to give guaranteed life cover till the policy holder is alive. The major popularity feature of this plan is that the life cover amount is to be paid only twice. Once it has to be paid on the ending of the premium paying phase to the holder of the policy and secondly to the nominee, when the policy holder passes away.
Owning a dream home is everyones wish. Each of us works hard to make this wish come true as early as possible. If you wish to make or own a house of your dreams in todays era, the LIC housing finance can make your dream come to life. The lic finance provides certain benefits like cost effective and friendly interest rates and features to the loan applicants making the process of owning a house less tedious and more simplified. The LIC Housing Finance provides the loan applicant with a high tech online feature of EMI calculator; with which one pre-calculates the amount of EMI to be paid per month including the principle and interest rates.
