LIC Jeevan Labh Plan (936)

Product Summary :

Jeevan Labh Plan (936) is a limited premium paying, non-linked, with-profits Endowment Assurance plan. For Policy Contact: 8121520197

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 7 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 at least two full years premiums have been paid.

Loan :

Loan Facility is available under this plan, after payment of premiums for at least 2 full years.

Income Tax Benefit :

• Premium paid under this plan is eligible for TAX rebate under section 80c.