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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
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Plan No. 933
Jeevan Lakshya is the ideal plan to protect your goals & needs as this plan offers the regular income to the family in case of an unfortunate event
In case of any unfortunate event premium ceases & Annual Income Benefit is paid to the family every year till maturity which is 10% of Sum Assured. On Maturity, 110% of Sum Assured is paid along with vested Bonus & final bonus, if any
The benefits under this plan are tax-free
This plan has an option of choosing the Accidental Life cover, Disability Benefit & Critical illness cover
This plan also has the option of taking the Maturity proceeds in instalments as the policy-holder can choose the no of year as 5, 10 or 15.
In a similar way, the policyholder also has the option of choosing the death benefit in instalments
LIC also offer 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 2 years of the policy
Settlement option available on Maturity and Death in Installments of 5,10 or 15 Years
How Does This Policy Work
Sample illustration
Eligibility Criteria
Min.
Max.
Age
18 Years (Last Birthday)
50 Years (Nearer Birthday)
Policy Term
13 Years
25 Years
Premium Payment Term
Policy Term - 3 Years
Basic Sum Assured
Rs.1 Lac
No Limit
Maximum Maturity Age
65 Years (Nearer Birthday)
Rider
LIC’s NEW CRITICAL ILLNESS BENEFIT RIDER(CIR)
Rider
LIC's ACCIDENTAL DEATH AND DISABILITY BENEFIT RIDER
Rider
LlC's ACCIDENT BENEFIT RIDER
Rider
LIC's NEW TERM ASSURANCE RIDER (TR)
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