V Sachithanandan Chief Advisor LIC of India
 
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Date of Withdrawal: 01-Jan-2014
Plan No. 91
  • Most Ideal LIFE COVER for People with fluctuating Income
  • FLEXIBLE as life cover continues for 3 years even if Premium Payment is stopped after 2 years
  • Very Economical as NO EXTRA PREMIUM is charged for Double Accident Benefit which comes as FREE
  • LIFE COVER - Sum Assured + Bonus + Final Addition Bonus (as applicable)
  • MATURITY - Sum Assured + Bonus + Final Addition Bonus (as applicable) will be paid
  • WIDE CHOICE OF TERM - can be easily aligned with your family objectives
  • LIQUIDITY - You have an option to surrender the policy & receive the cash value after payment of premiums for 3 years. Loan is also available on this policy when it acquires surrender value
  • Premiums paid are TAX EXEMPTED u/s 80 C
  • Maturity amount is TAX FREE u/s 10 (10) (D)
  • Optional Add on Riders available:
    • Term Rider - to increase the Life Cover
    • Critical Illness Rider – Pays the sum assured under this rider on occurrence of any critical illness. Wide list of illnesses are covered.
Eligibility Criteria
Min. Max.
Age 18 50
Term 12 30
Sum 50,000 1000000
Premium Modes Yly, Hly, Qly, Mly, SSS
Yearly Premium for 10,00,000 Sum Assured
Age 15 20 25
25 67840 49022 38594
30 68422 49798 39613
35 69634 51301 41456
40 71720 53872 44560
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