LIC’s New Jeevan Labh Plan No 836

LIC’s New Jeevan Labh Plan No 836 : Life Insurance of India will launch New Plan on 4th January 2016. This plan will be Limited Premium Endowment Plan named Jeevan Labha / Jeevan Labh Table no – 836. This plan may be launch on Jeevan Sanchar on 4th January 2016.

LIC’s New Jeevan Labh Plan No 836

Details:

  • This is a limited Premium Paying non linked with profit endowment plan
  • On Death – Sum Assured + BONUS + FAB (Final Addition Bonus) SA NOT LESS THAN 105% OF TOT PREMIUM PAID AS ON DATE OF DEATH.
  • Maturity Benefit- Sum Assured ON MATURITY + BONUS + FAB (Final Addition Bonus)
  • TR & DAB IS OPTIONAL
  • Min Age @ entry- 8 years completed
  • Max Maturity Age- 75 nbd
  • Term & Premium Paying Term – 16 (10), 21 (15), 25 (16)
  • Min SUM ASSURED – 2 LAC, Then in multiplication of 10,000.
  • MAXIMUM SUM ASSURED – NO LIMIT.
  • Commencement of Risk – Immediate.
  • Modes allowed – ALL With ECS & SSS.
  • Loan – Yes
  • Back dating allowed
  • PROPOSAL FORMS 300/340/360 AS APPLICABLE

Note: All above information is came from news source and may be changed at the time of launch/ it may be not launch also.

 

LIC’s New Jeevan Labh Plan No 836

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