New Endowment Plus – 835

New Endowment Plus – 835

1. LIC’s New Endowment Plus plan is a unit linked assurance plan, offering investment-cum-insurance during the term of the policy. 2. This Plan allows policyholder to decide the amount of premium he/she can pay. The amount of cover will be decided according to the premium chosen. 3. A pre-specified percentage shall be deducted upfront from the premium as Premium Allocation Charges. This charge is levied to meet the cost of issuing policy such as distributor…

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Limited premium endowment plan – 830

Limited premium endowment plan – 830

This is a limited premium paying conventional With-Profits Endowment Assurance plan. The benefits and other details of the plan are given below   Eligibility Conditions and Restrictions Age at entry : 18 Year. Age at Maturity : 54 Years. Plan Term : 12, 16 and 21 Years. Premium Mode : Yearly, Half Yearly, Quaterly, Monthly(SSS or ECS). Basic Sum Assured : 300000 and above (In multiples of 10000). Limited premium endowment plan Mode Rebate Mode…

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Jeevan Rakshak Plan – 827

Jeevan Rakshak Plan – 827

Introduction : It has been decided to introduce LIC’s Jeevan Rakshak (Plan No. 827) with effect from 19th August 2014. This is a regular premium paying Non-linked, with-profit, endowment assurance plan. This plan shall be available to standard lives only under non-medical limit and the total Sum Assured under all the policies issued to an individual under this plan shall not exceed Rs. 2 lacs. The benefits and other details of the plan are as follows….

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LIC New Jeevan Nidhi Plan – 818

LIC New Jeevan Nidhi Plan – 818

Eligibility Conditions and Restrictions Minimum Age at entry : 20 Years. Maximum Age at entry : 60 years(for Single Premium). 58 Years (for regular premium) Age at vesting : 55 – 65Years. Deferment period :     5 to 35 years (Single Premium) 7 to 35 years (regular premium) Premium Mode : Single, Yearly, Half-yearly, Quarterly, Monthly [ECS or SSS]. Basic Minimum Sum Assured : Single Premium Rs.1,50,000/-Basic Maximum Sum Assured : No Limit. The Sum Assured…

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New Endowment Plan 814

New Endowment Plan 814

LIC New Endowment Plan Eligibility Conditions and Restrictions Age at entry : 8 to 55 years. Age at Maturity : 75 Years. Plan Term : 12 to 35 years. Premium Mode : Yearly, Half-yearly, Quarterly, Monthly (SSS or ECS) . Basic Minimum Sum Assured : 100000 and above (In multiples of 5000) Maturity Benefit Basic Sum Assured along with Vested Simple Reversionary Bonuses and Final Additional Bonus, if Any. Death Benefit ‘Sum Assured on Death’…

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Single Premium Endowment Plan (817)

Single Premium Endowment Plan (817)

LIC Single Premium Endowment Plan features   Eligibility Conditions and Restrictions Minimum Age at entry : 90 Days. Maximum Age at entry : 65 years. Age at Maturity : 18-75 Years. Plan Term : 10-25 Years. Premium Mode : Single. Basic Sum Assured : 50000 and above (In multiples of 5000) and No upper Limit. Maturity Benefit Sum Assured Plus Simple Reversionary Bonuses Plus Final Additional Bonus, if any. Death Benefit After Commencement of Risk…

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