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New Endowment(914)

100,000.00

New Endowment Plan (914) is a regular premium, non-linked, with profits Endowment Plan.

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Description

Plan :New Endowment (914)

Product Summary :
New Endowment Plan (914) is a regular premium, non-linked, with profits Endowment Plan.

Premium Payment Mode:
Yearly, Halfly, Quarterly, Monthly(ECS)

Term :
12 to 35 years

Minimum Entry Age :
8 Year Completed

Maximum Entry Age :
55 Year (Nearest Birthday)

Maximum Maturity Age :
75 Year

Minimum Sum Assured :
1,00,000

Maximum Sum Assured :
NO LIMIT (Depending upon Income)

Maximum Accidental Death and Disability Benefit Rider up to age 70.

Policy Benefits :

On Death :
Sum Assured + Vested Bonus + FAB if any.,OR
7 times of Annualized Premium, OR
105%of all Premiums paid as on death,
WHICHEVER IS HIGHER.

On Survival :
On survival Basic Sum Assured + Vested Bonus + FAB if any.

Surrendered Value :
The Policy can be surrendered at any time during the policy term provided at least 2 full years premiums have been paid.

Loan :
Loan Facility is available under this plan, after payment of premiums for at least 2 full years.

Income Tax Benefit :
• Premium paid under this plan is eligible for TAX rebate under section 80c.
• Maturity under this plan is free under sec 10(10D).

Proposal Form : 300/340/360 shall be used under this plan.

For more information visit www.LicAllinOneCalc.com

Additional information

Plan

Bachat Plus (861)

Product Summary

bachatplus

Term/PPT

bachatplus

Minimum Entry Age

bachatplus

Maximum Entry Age

bachatplus

Maximum Maturity Age

bachatplus

Minimum Sum Assured

1,00,000

Maximum Sum Assured

No Limit

Policy Benefits on Death

newendowment

On Survival

On survival Basic Sum Assured + Vested Bonus + FAB if any.

Surrendered Value

The policy can be surrendered at any time during the policy term provided premiums have been paid for full two years.

Loan

Available after payment of premium of 2 full years.

Income Tax Benefit

Premium paid under this plan is eligible for TAX rebate under section 80c. • Maturity under this plan is free under sec 10(10D).

Proposal Form

300/340/360 shall be used under this plan.

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