V Sachithanandan Chief Advisor LIC of India
 
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Plan No. 843
  • Exclusive endowment insurance plan specially designed for MALE lives without any medical test.
  • Ideal for Regular Savings & Life Cover.
  • Lowest premium in its category.
  • Discount in Premium for Higher Sum Assured
  • Life Cover to the extent Basic Sum Assured + Loyalty Addition (as applicable)
  • Auto Cover - Life Cover continues for 2 years even if the premiums are in arrears.
  • Loan Available after 2 Years.
  • On Maturity, Sum Assured + Loyalty Addition (as applicable) will be paid.
  • Can be easily aligned with your family objective with its wide choice of term.
  • Policy commencement can be backdated
  • Double Accidental Death Benefit is also available
  • Premium Paid are eligible for tax savings u/s 80 C
  • Maturity Amount is Tax Free u/s 10 (10) (D).
Eligibility Criteria
  Min. Max.
Age 8 Years (Completed) 55 Years (Nearest Birthday)
Term 10 Years 20 Years
Sum Rs. 75,000/- Rs. 3,00,000/-
Modes Yearly, Half Yearly, Quarterly, Monthly
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