Plan No. 848
The benefits offered by this plan are:
- Limited Payment Optionn
- Guaranteed 25% Additional Life cover without any cost
- 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
- Option of taking Maturity & Death Benefit in instalments
- Loan is also available
- Avail Tax Benefits u/s 80C & 10(10D)
- This plan also offers add on benefits like Additional Life Cover, Accidental Death & Disability Benefit, Critical Illness Cover & Premium Waiver Benefit
Adiitional Benefits
| Eligibility Criteria | |||
|---|---|---|---|
| Min. | Max. | ||
| Age | 8 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 | |||
| Policy Term | 14, 16, 18 & 20 Years | ||
| Premium Payment Term | Policy Term Minus 4 Years | ||
| Sum Assured | Rs.10 Lacs | 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 | |||
| Rider | LIC’s NEW CRITICAL ILLNESS BENEFIT RIDER(CIR) | ||
| Rider | LIC's ACCIDENTAL DEATH AND DISABILITY BENEFIT RIDER | ||
| Rider | LlC's ACCIDENT BENEFIT RIDER | ||
| Rider | LIC’s PREMIUM WAIVER BENEFIT RIDER (PWB) - If life assured is Minor | ||
| Rider | LIC's NEW TERM ASSURANCE RIDER (TR) | ||
