V Sachithanandan Chief Advisor LIC of India
 
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Plan No. 845
Key Features:
  • Ideal for Savings and Retirement Planning
  • Avail benefit of Tax-Free Guaranteed Income of 8% for Lifetime
  • This plan offers whole life risk cover with Limited Payment Liability with loan facility after completion of 2 years
  • Discount offered in Premium for Higher Sum Assured
  • Sum Assured with Accumulated Bonus on Maturity
  • Back-dating Facility Available
  • Tax Benefit on Premiums paid u/s 80C
  • Tax-Free Maturity u/s 10 (10 D)
Additional Optional Benefits:
  • Accidental Death Benefit
  • Accidental Death & Disability Benefit
  • Additional Risk Cover Up to Rs.25 Lacs
  • Additional Payout In case of Any Critical Disease
Eligibility Criteria
Min. Max.
Age 90 Days (Completed)) 55 Years
Term 100 Years – Age
Premium Payment Term 15, 20, 25 & 30 Years
Sum Assured 2 Lacs No Limit
Maturity Age 100 Years
Modes Available Yearly, Half-Yearly, Quarterly & Monthly
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