V Sachithanandan Chief Advisor LIC of India
 
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Date of Withdrawal: 22-Dec-2013
Plan No. 192
  • Money Back Plan for women with Returns Every 5 years as SURVIVAL BENEFITS.
  • Option to encash the Survival Benefits as and when needed.
  • Option to receive maturity proceeds in the form of an annuity.
  • Free Insurance cover is available provided at least two years’ premiums have been paid.
  • Flexibility to pay premium in advance and avail premium rebate of 4 % per annum.
  • Life Cover:
    FULL Sum Assured + Bonus + Final Addition Bonus (as applicable); even if Survival Benefits are already paid.
  • On Maturity:
    Bonus + Final Addition Bonus (as applicable) will be paid in addition to the remaining Sum Assured.
  • Premium Waiver Benefit under Critical illness.
  • Optional Add on Riders:
    • Double Accident Benefit (DAB) with inbuilt premium waiver in case of Life Assured gets permanently disabled due to accident for as less as Re1/ per 1000 Sum Assured.
    • Critical Illness to take care of medical expense in case of critical illness.
    • Congenital disability rider available
Eligibility Criteria
Min. Max.
Age 18 55
Term 15 20
Sum 50000 2500000
Premium Modes Yly
Yearly Premium for 10,00,000 Sum Assured
Age 15 Years 20 Years
25 75740 60100
30 75700 60550
35 76250 61450
40 77350 63000
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