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ENDOWMENT PLAN

JEEVAN LABH

✅ Ideal for Savings & protection


✅ Moderate Premiums


✅ Limited Premium Payment


✅ Multiple premium payment frequency to choose from


✅ Premium Discount is available for higher Sum Assured


✅ Life Cover to the extent of Basic Sum Assured + Bonus + Final Additional Bonus (As applicable)

    ✷ Accident Death & Disability Benefit Rider option is available

    ✷ Term Rider option is available


✅ Life cover will start immediately after the policy start date


✅ Maturity benefit: Sum Assured + Bonus + Final Additional Bonus (as applicable) will be paid at the end of policy term


✅ Loan is Available any time after 3 full years premium payment


✅ Loan is Available any time after 3 full years premium payment


✅ Policy can be back dated within the same financial year to match your need


✅ Premium Paid is TAX EXEMPTED u/s 80 C.

All returns from the policy are TAX FREE u/s 10 (10)(D)


✅ Free lookup period for 15 days


JEEVAN LAKSHAYA

✅ Save regularly to build a sizeable corpus on maturity


✅ Available in a wide range of terms - from 13 to 25. You can align the maturity as per Son’s career needs


✅ Limited premium term - Pay 3 years less than the term


✅ On maturity get Sum Assured + Bonus + Final Bonus (if any)


✅ On death, following benefits are payable:


    ✷ 10% of sum assured - every year till one year less than maturity date

    ✷ 110% of sum assured on maturity date


    ✷ All bonuses and Final Bonus (if any) for the entire term on maturity date


✅ Enhance the protection benefits by following riders:


    ✷ Accidental Death & Disability Benefit Rider

    ✷ Term Rider


✅ Loan is Available any time after 2 policy years.


✅ Policy can be back dated within the same financial year Premium Paid is TAX EXEMPTED u/s 80 C.


✅ All returns from the policy are TAX FREE u/s 10 (10) (D)


✅ Free lookup period for 15 days.


JEEVAN UMANG

✅ Exclusive Plan for Saving and Retirement Planning.


✅ Guaranteed Lifetime Income at 8.00%


✅ Whole Life Risk Cover with Limited Premium Payment Option.


✅ Discount in Premium for Sum Assured of Rs.5 Lacs and above.


✅ Lifetime Cover to the extent Basic Sum Assured + Bonus + Final Bonus (if any)


✅ Loan Available after 3 full years of premium payment.


✅ On Maturity, Sum Assured + Bonus + Final Bonus (if any) will be paid.


✅ Policy Back dating available within the same financial year.


✅ LIC’s Accidental Death and Disability Benefit Rider OR Accidental Death Benefit rider, Term Assurance Rider and Critical Illness rider is available as an optional rider by payment of nominal additional premium.


✅ Free lookup period for 15 Days.


✅ Maturity Amount is Tax Free u/s 10 (10) (D).


JEEVAN ANAND

✅ Perfect blend of Endowment & Whole Life plan


✅ Ideal for Regular Savings & Lifetime Cover


✅ Can be easily aligned with your family objectives with its wide choice of term.


✅ Life Cover to the extent of 1.25 times of Sum Assured + Bonus + Final Additional Bonus (as applicable) for the term selected. Thereafter whole life cover for the sum assured.


✅ Maturity: On completion of the premium term, full Sum Assured + Bonus + Final Additional Bonus (as applicable) will be paid.


✅ Optional Benefit:LIC’s Accidental Death and Disability Benefit Rider is available as an optional rider.

✅ Premium paid are Tax Exempted u/s 80 C & the Maturity amount is Tax Free u/s 10 (10) (D).

    ✷ 14 yrs. 30% at 10 & 12 yrs. each 40% of SA + GA + LA

    ✷ 16 yrs. 35% at 12 & 14 yrs. each 30% of SA + GA + LA


    ✷ 18 yrs. 40% at 14 & 16 yrs. each 20% of SA + GA + LA


    ✷ 20 yrs. 45% at 16 & 18 yrs. each 10% of SA + GA + LA


✅ Option to take maturity in lump sum or in 5,10 or 15 inst.


✅ Option for Death benefit in lump sum or in 5,10 or 15 inst.


✅ DAB rider available with exclusive limit of 1 crore.


✅ Accidental Disability, Critical Illness & Term Riders also available.


✅ Tax Benefits u/s 80C and 10(10D) and 80D.