This is regular premium paying Non-linked, With Profits, Endowment Assurance plan. This plan shall be available to standard life only under non medical limit and the total Sum Assured under this plan shall not exceed Rs.2 Lac.
- Regular Premium Paying
- With Profit Endowment Assurance Plan
- Minimum Age at Entry – 8 Years Completed
- Maximum Age at Entry – 55 Year (Nearest Birthday)
- Policy Term – 10 Years and 20 Years
- Premium Paying Term – Equals to Policy Term
- Maximum Maturity Age – 70 Years Nearest Birthday
- Mode – Monthly (SSS, ECS), Quarterly, Half Yearly and Yearly
- Loan – Allowed after payment of premiums for at least 3 years.
- Minimum Sum Assured – 75,000
- Maximum Sum Assured – 2,00,000
- Accident Benefit Rider – 0.50 Per Thousand
- Maturity Benefit – Basic Sum Assured + Loyalty Addition
- Death Benefit – Sum Assured and Loyalty Addition if Policy completed 5 Years ( Basic Sum Assured or 10 Times of Annualized premium or 105% of all premium paid on date of death)
- Double Accident Benefit – Allowed with Additional Premium
- Rebate – 2% for Yearly and 1% for Half Yearly
- NO Medical Check up Required
- Suicide Clause – If life insurance policy holder commits suicide at any time within 12 months from date of commencement of risk LIC will not entertain any claim under this policy.
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