Lic Of India

18/06/2021

Anyone interested in Lic credit card
Life time free of cost
No annual charges
+ 5 lakh accidental insurance

22/09/2020

11/03/2018

11/02/2018

Plan :Jeevan Labh(836)

Product Summary :
LIC's Jeevan Labh Plan (836) is a limited premium paying, non-linked, with-profits Endowment Assurance plan.

Premium Payment Mode:
Yearly, Halfly, Quarterly, Monthly(ECS)

Term :
16 Year
21 Year
25 Year

PPT* :
For Term 16 Year Ppt 10 year
For Term 21 Year Ppt 15 Year
For Term 25 Year ppt 16 year

Minimum Entry Age :
8 Year Completed

Maximum Entry Age :
59 Year (Nearest Birthday)

Maximum Maturity Age :
75 Year

Minimum Sum Assured :
2,00,000

Maximum Sum Assured :
NO LIMIT (Depending upon Income)

Maximum Accidental Death and Disability Benefit Rider up to age 70.

Policy Benefits :

On Death :
Basic Sum-Assured,OR
10 times of Annualized Premium, OR
105%of all Premiums paid as on death,
WHICHEVER IS HIGHER.

On Survival :
On survival Basic Sum-Assured + Reversionary Bonus+ Final Additional Bonus.

Surrendered Value :
The Policy can be surrendered at any time during the policy term provided atleast three full years premiums have been paid.

Loan :
Loan Facillity is available under this plan, after payment of premiums for at least 3 full years.

Income Tax Benefit :
• Premium paid under this plan is eligible for TAX rebate under section 80c.
• Maturity under this plan is free under sec 10(10D).

11/02/2018

Plan :Jeevan Lakshya (833)

Product Summary :
This is a limited premium paying term conventional With-Profits Endowment Assurance plan wherepremium paying term is less than policy term by three years.

Premium Payment Mode:
Yearly, Halfly, Quarterly, Monthly(ECS)

Term :
13 to 25 Years

PPT* :
(Policy Term - 3) Years

Minimum Entry Age :
18Years Completed

Maximum Entry Age :
50Years (Nearest Birthday)

Maximum Maturity Age :
65 Year (Nearest Birthday)

Minimum Sum Assured :
1,00,000

Maximum Sum Assured :
NO LIMIT (Depending upon Income)

Maximum Accidental Death and Disability Benefit Rider up to age 65.

Policy Benefits :

On Death :
Benefits payable on death:
Sum Assured on Death + Bonuses & Final Additional Bonus, if any, shall be payable in following manner.

Annual Income Benefit equal to 10% of the Basic Sum Assured (till policy anniversary prior to date of maturity)

Assured Absolute Amount of 110% of Basic Sum Assured, payable (on due date of maturity)

Along with Bonuses & Final Additional Bonus, if any, on maturity. (on due date of maturity)

On Survival :
On survival Basic Sum Assured + Vested Bonus + FAB if any.

Surrendered Value :
The Policy can be surrendered at any time during the policy term provided atleast 3 full years premiums have been paid.

Loan :
Available after payment of premium of 3 full years.

Income Tax Benefit :
• Premium paid under this plan is eligible for TAX rebate under section 80c.
• Maturity under this plan is free under sec 10(10D).