V Sachithanandan Chief Advisor LIC of India
 
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Plan No. 847
Key Features:
  • Ideal plan for High Net Worth Individuals with Limited Payment Option
  • Offers guaranteed 25% Additional Life cover without any cost
  • Also guaranteed Customized Payouts at regular Intervals
  • 5-5.5% Bonus is Guaranteed by LIC
  • Loyalty Bonus is also payable on Maturity along with Sum Assured
  • In-built Critical Illness Benefit Covering 15 Major Illnesses
  • Option of taking Maturity & Death Benefit in installments
  • Back-dating Facility Available
  • Tax Benefit on Premiums paid u/s 80C & 10(10D)
  • Optional Additional Life Cover & Accidental Death Benefits
Eligibility Criteria
Min. Max.
Age 18 Years (Completed) 55 Years for 14 Year Term
51 Years for 16 Year Term
48 Years for 18 Year Term
45 Years for 20 Year Term
20 Years 65 Years
Policy Term 14, 16, 18 & 20 Years
Premium Payment Term Policy Term Minus 4 Years
Sum Assured Rs.1 Crore No Limit
Age at Maturity 69 Years for 14 Year Term
67 Years for 16 Year Term
66 Years for 18 Year Term
65 Years for 20 Year Term
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