V Sachithanandan Chief Advisor LIC of India
 
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Plan No. 833
  • Limited Premium Plan
  • Unique in-built Family Income Benefit
  • Range of term to choose from to meet specific need.
  • Options to choose Premium payment frequency.
  • Term Assurance Rider & Accidental Death and Disability Benefit Rider available for enhanced protection.
  • Income tax savings on PAID PREMIUMS
  • With Profit plan with Reversionary Bonus and FAB
  • Customize Tax Free maturity.
  • Risk cover to life assured.
  • Loan is available after 3 full years premium payment.
  • Maturity Benefit: Basic Sum Assured  +  Vested bonus  +  Final Addition Bonus (if any).
  • Death Benefits:
    • Family Income Benefit: 10% of Basic Sum Assured every year on policy anniversary after the date of death till maturity.
    • On the maturity due date: An Absolute amount equal to 110% Of Basic Sum Assured  +  Vested bonus  +  Final Addition Bonus (if any).
Eligibility Criteria
Min. Max.
Age 18 Years 50 Years
Term 13 Years 25 Years
PPT Policy Term Less 3 Years
Sum Assured 1,00,000 No Limit
Premium Modes Yearly, Half Yearly, Quarterly,
and Monthly (ECS only or through
salary deductions)
Yearly Premium For 1000000 Sum Assured
Age 13 Years 20 Years 25 Years
25 95882 53693 39875
30 96176 54183 40659
35 96813 55359 42227
40 98185 57466 44873
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