Mail us anytime
info@elegantfinance.in

Call us anytime
+91 9213799949

jeevan lakshya

Plan: Jeevan Lakshya (933)
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(NACH)/ SSS

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 & 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 & 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 3 full years premiums have been paid.

Loan :
Available after payment of premium of 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).

Careers
LIC Careers
Call Us
Whatsapp