Adhar Sthambh Plan 843

LIC Aadhaar Stambh Plan (843) Details

LIC Aadhaar Stambh plan (Table 843) with profit is a non-linked regular premium paying endowment assurance plan. This Policy will be Loyalty Addition (LA) based plan exclusively designed for Male policy holders having Aadhaar Card (UIDAI). This plan will be available to standard healthy lives without any medical test requirement.

Key Features

  • Male Only Plan
  • Low Premium Plan
  • Auto Cover Facility
  • Paid premiums are exempted from income tax under 80C
  • Maturity amount is tax free under 10 (10D)

Plan Parameters

Gender Male Only
Age at Entry 8 Years (Completed)
Maximum Age at Entry 55 (Nearest Birthday)
Calculate your Age
Minimum Term 10 Years
Maximum Term 20 Years
Maximum Age at Maturity 70 Years (Nearest Birthday)
Sum Assured Minimum 75,000 and Maximum 3,00,000
Premium Paying Mode Yearly, Half Yearly, Quarterly & Monthly (SSS and NACH Only)
Premium Payment Mode rebate 2% on yearly, 1% on Half Yearly, Nil on Quarterly & Monthly

Related Link: LIC Aadhaar Stambh Premium Calculator

Maturity benefit

  • On survival of year term, Maturity will be Basic Sum Assured + Loyalty Addition.

Death benefits

  • On death during First Five Years of the policy:
    • Death claim amount will be equal to Basic Sum Assured.
  • On death after 5 years of the policy and before maturity:
    • Death claim amount will be equal to Basic Sum Assured + Loyalty Addition(LA).

Please Note: It understandable that Loyalty Addition is applicable after successful completion of 5 Policy years.

Optional Accidental Benefit Rider

Policy holders above 18 years of age have option to opt for Accidental Benefit Rider with this plan, which will provide additional amount equal to basic sum assured in case of death caused due to accident.

LIC Aadhaar Stambh (843) with an Example

Let’s take an example of Aadhaar Stambh policy with following details

Sum Assured (Rs.) 3,00,000
Age (Years) 28
Policy Term(Years) 20
Purchase Year 2017
Yearly Premium (Rs.) (Without ST) 10,443

So, as per above example, policy holder needs to pay the premium of Rs. 10,443 per year for 20 yearsand maturity will happen after completion of 20 years. The details of year-wise policy progress and maturity is exaplained below.

Maturity Details

If Policy holder completes 20 years and pays all premium successfully, then Maturity will be as under.

Maturity Year Age at Maturity Total Premium Paid Maturity Amount (Approx.)
2037 48 2,08,860 3,00,000 + Loyalty Addition

Death Claim Details

Following table provides policy year-wise and age-wise total premium paid and death claim details. In case of accidental death, additional amount equal to Sum Assured is also included in death claim amount.

How to Understand Following Table

Suppose if, unfortunate death of policy holder happens in year 2023 (at age 34), then by that time total premium paid will be Rs. 73,101 and nominee will get death claim as 3,00,000 + Loyalty Addition in case of normal death or Rs. 6,00,000 + Loyalty Addition as accidental death claim in case of death due to accident and policy will stop.

Year Age Total Paid Premium Normal Life Cover (Approx.) Accidental Life Cover (Approx.) Return
2017 28 10443 300000 600000
2018 29 20886 300000 600000
2019 30 31329 300000 600000
2020 31 41772 300000 600000
2021 32 52215 300000 600000
2022 33 62658 300000 + LA 600000 + LA
2023 34 73101 300000 + LA 600000 + LA
2024 35 83544 300000 + LA 600000 + LA
2025 36 93987 300000 + LA 600000 + LA
2026 37 104430 300000 + LA 600000 + LA
2027 38 114873 300000 + LA 600000 + LA
2028 39 125316 300000 + LA 600000 + LA
2029 40 135759 300000 + LA 600000 + LA
2030 41 146202 300000 + LA 600000 + LA
2031 42 156645 300000 + LA 600000 + LA
2032 43 167088 300000 + LA 600000 + LA
2033 44 177531 300000 + LA 600000 + LA
2034 45 187974 300000 + LA 600000 + LA
2035 46 198417 300000 + LA 600000 + LA
2036 47 208860 300000 + LA 600000 + LA
2037 48 Maturity 300000 + LA

Above example has been prepared for illustration purpose only, for more details, please refer to LIC Website and in case of any query please write your comment below.