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jeevan labh

Plan :Jeevan Labh(936)
LIC's Jeevan Labh Plan (936) is a limited premium paying, non-linked, with-profits Endowment Assurance plan.

Premium Payment Mode:
Yearly, Halfly, Quarterly, Monthly(NACH)/ SSS

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 :
PNO LIMIT (Depending upon Income)
PMaximum Accidental Death and Disability Benefit Rider up to age 70.

Policy Benefits :

On Death :
Basic Sum-Assured+ Reversionary Bonus+ Final Additional Bonus.

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 three full years premiums have been paid.

Loan :

Loan Facility is available under this plan, after payment of premiums for at least 3 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).

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