Toggle navigation
Home
Know Us
About Us
Photo Gallery
Awards & Certificates
Client Testimonials
Our Services
My Portfolio
Calculator
Newsletter
eGreetings
Our Products
Life Insurance
Mutual Funds
Top Performing Funds
Dividend Declared
New Funds Offer
Search Funds
Health Insurance
Personal Accident
Travel Insurance
Motor Insurance
FD's and Bonds
Small Savings
Useful Information
Tax Info
Articles
Industry News
Learning Center
Tax Guide
Insurance Guide
FAQs
Glossary
Online Payment
TPA
Videos
NJ Investment
NJ E-Weatlh
NJ Client Desk
NJ Partner Desk
Downloads
Forms
MF Forms
KYC Forms
General Forms
Reach Us
Social Network
Contact Us
Login
» Home » Information » Product Information
back
Share
Tweet
Product Information
Founded in 1956, Life Insurance Corporation of India (LIC) is the largest life insurance company in the country with a total income of Rs. 492626.60 crore and total assets worth Rs. 2572028.34 Cr It’s fully owned by the Government of India & is also the county’s largest investor.
Understand Life Insurance
Dhan Sanchay
Saral Jeevan Bima
Bachat Plus
New Endowment Plan
New Jeevan Anand
Aadhaar Stumb
Jeevan Labh
Aadhaar Shila
Jeevan Lakshya
Single Payment Endowment
Bima Jyoti
Jeevan Tarun
Jeevan Lakshya
New Children’s Money Back Plan
Jeevan Umang
New Jeevan Anand
Saral Pension
Jeevan Akshay- VII
Jeevan Shanti
Cancer Cover
Jeevan Arogya
Jeevan Amar
Jeevan Umang
Bima Shree
Jeevan Shiromani
New Money Back Plan 25 Years
New Money Back Plan
New Bima Bachat
Dhan Rekha
New Pension Plus
SIIP
Nivesh Plus
New Endowment Plus
Plan No. 860
Table No. 860 : Bima Jyoti Plan
Product Info & Benefits:
Bima Jyoti is a life Limited Premium Payment, Non-Linked, Non-Participating, Individual & Life Insurance Savings Plan.
This is ideal plan for those who want to pay the premium for a shorter period
The customer gets the tax-free maturity under this plan which includes the guaranteed addition along with Sum Assured
This plan has an option of choosing the Accidental Life cover, Disability Benefit, Critical illness Rider & New Term Assurance Rider.
This plan also has the option of taking the Maturity proceeds in installments as the policy-holder can choose the no of year as 5, 10 or 15.
Similarly, the policyholder also has the option of choosing the death benefit in installments
LIC also offers the discount in the premium in case the mode of payment is Yearly.
The loan is also available to the policyholder after the completion of 1 year of the policy
Eligibility Criteria
Min.
Max.
Age
90 Days (completed) at Entry
18 Years (Completed) at Maturity
60 Years (Nearer Birthday) at Entry 75 Years (Nearer Birthday) at Maturity
Basic Sum Assured
Rs. 1,00,000
No Limit
Policy Term
15 Years
20 Years
Premium Paying Term (PPT)
10 Years
15 Years
Riders
Accidental Life Cover Rider
Disability Benefit Rider
Critical Illness Rider
New Term Assurance Rider
Back