V Sachithanandan Chief Advisor LIC of India
 
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Date of Withdrawal: 24-Nov-2013
Plan No. 5
  • This is the best form of life assurance for family provision since it enables the Life Assured to pay all the premiums during the ordinarily vigorous and most productive years of life
  • He need not pay any premium in the later stages of life if and when his conditions might become adverse
  • Life Assured can choose premium payment term as per his convenience
  • Another wonderful feature is that it continues to participate in profits even after the premium payments have ceased, thereby growing your life cover as well as savings corpus every year
  • Life Cover: Lifetime cover to the extent of Full Sum Assured + Bonus + Final Addition Bonus (as applicable)
  • Maturity: Life assured has an option to mature his policy anytime after he attains the age of 80 years, thereby making this policy a flexible term policy
  • 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 (during premium paying term only)
Eligibility Criteria
Min Max.
Age 12 60
Term 5 55
Sum 50,000 No limit
Premium Modes Yly, Hly, Qly, Mly, SSS
Yearly Premium for 10,00,000 Sum Assured
Age 30 Years 35 Years
25 23608 22395
30 26809 25548
35 30883 29622
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