LIC’s New Plan – Jeevan Lakshya (Plan No.833) Launching today 12 March 2015
with profit Endowment plan
with profit Endowment plan
- Age : 18 to 50 yrs.
- Maturity Age : 65 yrs.
- Policy Term :13 to 25 yr
- Premium Term = Policy term minus 3 yrs.
- S.A. : Min 1 Lac & Max- No limit.
- Accident Rider (DAB): upto 1 Cr. (Over all limit)
- Term Rider: Min -Basic SA ,Max- 25 Lacs
- On Maturity : 110% SA + Bonus + FAB
- On Death :
- 10% SA payable on every policy anniversary after Death till Maturity.
- And on Maturity date again 110%SA + Bonus + FAB.
- Loan : After 3 Yrs.
- Tax Benefits : u/s 80c
- Maturity /Death claims: Tax free u/s 10 (10)D
