Plan No. 944
- Aadhaar Shila plan has been exclusively designed for Female lives without any medical test
- This is the ideal plan for regular saving along with life cover with lowest premium in this category of plans
- The life cover enhances due to the loyalty bonus as would be declared by LIC
- The customer gets the tax-free maturity which includes the loyalty bonus along with Sum Assured
- This plan offers the Accidental Life cover also along with basic life cover
- This plan also has the option of taking the Maturity proceeds in instalments as the policy-holder can choose the no of year as 5, 10 or 15.
- In a similar way, the policyholder also has the option of choosing the death benefit in instalments
- LIC also offer the discount in the premium in case the mode of payment is Yearly and for higher sum assured
- The loan is also available to the policyholder after the completion of 2 years of the policy
- Settlement option avilable on Maturity and Death in Installments of 5,10 or 15 Years
How Does This Policy Work
Sample illustration
| Eligibility Criteria | ||||
|---|---|---|---|---|
| Min. | Max. | |||
| Age | 8 Yars (Completed) | 55 Years (Last Birthday) | ||
| Policy Term | 10 Years | 20 Years | ||
| Premium Payment Term | Same as Policy Term | |||
| Basic Sum Assured | Rs.75,000 | Rs.3 Lacs | ||
| Maximum Maturity Age | 70 Years (Nearer Birthday) | |||
| Rider | LlC's ACCIDENT BENEFIT RIDER | |||
