V Sachithanandan Chief Advisor LIC of India
 
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Date of Withdrawal: 16-Nov-2013
Plan No. 58
  • Ideal Limited period Term plan for people who have just started earning & need Life Cover
  • Flexibility : Option to convert to an endowment or whole life plan, when funds are available
  • Convenience : No fresh medical examination is required when converted to whole life or endowment plan
  • A new policy is issued when converting to the whole life or endowment plan
  • Economical as the premiums charged are the lowest in term insurance plan
  • As this is a pure term plan, No Maturity benefits are available
  • Life Cover: Sum Assured
  • Policy Term: 5, 6 or 7 years only
Eligibility Criteria
Age 20 50
Term 5 7
Sum Assured 50,000 1,00,00000
Premium Modes Yly, Hly, Qly, Mly, SSS
Yearly Premium for 10,00,000 Sum Assured
Age 5 Years 6 Years 7 Years
25 4335 4286 4238
30 4771 4723 4723
35 000559600 5644 5644
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