Jeevan Lakshya LIC Plan(933)

For Policy Contact  Agent: 8121520197     

            

Plan :Jeevan Lakshya (933)

Product Summary :

This is a limited premium paying term conventional With-Profits Endowment Assurance plan where premium 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 and 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 and 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 2 full years premiums have been paid.

Loan :

Available after payment of premium of 2 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).

Contact: Valamala Naresh

                     8121520197