V Sachithanandan Chief Advisor LIC of India
 
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Date of Withdrawal: 24-Nov-2013
Plan No. 2
  • Most suitable for a person whose main objective is to create estate for his legal heirs or for the donation to Trust
  • Life Cover: Lifetime cover to the extent of Full Sum Assured + Bonus + Final Addition Bonus (as applicable)
  • Premium Payment: for 35 years or age 80 whichever is later
  • Maturity: Considering the increasing longetivity of Indian population, L.I.C. has amended the provision of this plan by providing the payment of maturity amount after 40 years from commencement or age 80 whichever is later. Policy holder gets Sum Assured + All Bonuses + Final Addition Bonus (as applicable) as the maturity amount
  • Great plan to grow your savings as this plan has the highest bonus declared amongst all L.I.C. plans
  • Optional Add-on Riders available:
    • Accident & Permanent Disability Rider (upto age 70 only)
Eligibility Criteria
Min Max.
Age 15 60
Term 35 years Or Age 80
Sum 50,000 No limit
Premium Modes Yly, Hly, Qly, Mly, SSS
Yearly Premium for 10,00,000 Sum Assured
Age Years
25 20213
30 23705
35 28167
40 33890
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