Plan No. 935
- The New Endowment Plus plan is a market linked plan which has the combination of protection & investments
- It is the ideal plan for those expecting good returns along with life cover
- It has the option of investing your premium in a Debt or equity market in proportion chosen by you
- This plan offers the risk cover equal to 10 times of annualized premium
- It offers the accidental cover up to 1 crore along with disability benefit
- It has the 4 different investment options
- It has the facility of partial withdrawal in case of any financial crisis
- The policyholder also has the option of choosing the death benefit in installments
How Does This Policy Work
Sample illustration
| Eligibility Criteria | |||
|---|---|---|---|
| Min. | Max. | ||
| Age | 90 Days (Completed) | 50 Years (Last Birthday) | |
| Policy Term | 10 Years | 20 Years | |
| Premium Payment Term | Same as Policy Term | ||
| Basic Sum Assured | 10 times of Annualized Premium | ||
| Maximum Maturity Age | 18 Years (Completed) | 60 Years (Nearer Birthday) | |
| Premium Amount | Rs.20,000 for Yearly Mode | No Limit | |
| Rider | LIC's New Linked Accidential Benefit Rider | ||
