PRESENT CONTENT(EFFECTIVE TILL DEC.2013) IN THIS SITE WILL BE REPLACED WITH THE CONTENTS OF NEW PLANS (REVISED FROM JAN-2014) DETAILS IN ALL PAGES AS SOON AS WE GET THE FULL DETAILS FROM LIC OF INIDIA
LIC - Endowment Policies
Plan Suitability
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On Maturity Sum Assured + Bonus + Final Addtional Bonus is paid. Risk Cover starts from 1st day of Taking Policy
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Min Age : 12 Years
Min Sum Assured : 50000 I.Tax Benefit : Yes Policy Loan : Yes Housing Loan : Yes |
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A Flexible Plan for the policy holder to select premium paying term. On Maturity Sm Assured + Bonus + FAB. Risk Cover Starts from day one.
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Min Age : 12 Years
Min Sum Assured : 50000 I.Tax Benefit : Yes Policy Loan : Yes Housing Loan : Yes |
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Joined Risk Cover for Husband & Wife in a single Policy. Maturity Benefit Sum Assured + Bonus if both are alive
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Min Age : 20 Years
Min Sum Assured : 50000 I.Tax Benefit : Yes Policy Loan : Yes Housing Loan : Yes |
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Risk Cover even if the premium payment is lapsed Upto 3 years after intial two year premium. Maturity Benefit Sum Assured + Bonus
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Min Age : 18 Years
Min Sum Assured : 50000 I.Tax Benefit : Yes Policy Loan : Yes Housing Loan : Yes |
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Right Policy for person who wants to provide funds for Daughter Marriage. Maturity Benefit - 25% of Sum Assured + Bonus + FAB if any
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Min Age : 18 Years
Min Sum Assured : 50000 I.Tax Benefit : Yes Policy Loan : Yes Housing Loan : Yes |
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Like Endowment Plan suitable for High earning people help to pay in most productive years. Maturity Amount - Sum Assured + Guaranteed addition Rs.50 per 1000 for first five years & 6th year onwards Reversionary Bonus
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Min Age : 18 Years
Min Sum Assured : 500000 I.Tax Benefit : Yes Policy Loan : Yes Housing Loan : Yes |
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Ideal Plan for Children Education, Marriage & other needs.Maturity Benefit - 20% of sum assured for last 3 years & 40% + reversionary bonus will be paid finally
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Min Age : 20 Years
Min Sum Assured : 50000 I.Tax Benefit : Yes Policy Loan : Yes Housing Loan : Yes |
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Like Endowment with profit plan for high net worth people. Maturity Amount - Sum Assured + Guaranteed addition Rs.50 per 1000 for first five years & 6th year onwards Reversionary Bonus
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Min Age : 18 Years
Min Sum Assured : 50000 I.Tax Benefit : Yes Policy Loan : Yes Housing Loan : Yes |