lic launches new term policy 2014, February, 3rd, LIC Term Assurance Plans: LIC's Anmol Jeevan II, LIC's Amulya Jeevan II
LIC's NEW PLAN 2014 – Anmol Jeevan 2 (Table No. 822), Amulya Jeevan 2 Table no 823- lic term Plans policy
LIC Launches New Term Plan Anmol Jeevan 2 (Table No 822) - Higher protection at very low premium
LIC’s Anmol Jeevan - II is a protection plan which provides financial protection to the insured’s family in case of his/her unfortunate demise.
Benefits:Death Benefit: In case of unfortunate death of the Life Assured during the policy term Sum Assured shall be payable.
Maturity Benefit: On survival to the end of the policy term, nothing shall be payable.
Eligibility Conditions and Restrictions
Min Age at entry – 18 years (Completed)
Max Age at entry – 55 years (Nearest Birthday)
Age at Maturity – Maximum 65 Years
Min Policy Term – 5 years
Max Policy Term – 25 Years
Premium mode – Yearly, Half-yearly
Minimum Sum Assured – 6,00,000 (6 Lacs)
Maximum Sum Assured – 25,00,000 (25 Lacs)
Maximum insurance cover age limit – 65 years (nearest birthday) Sum assured will be multiple of 1,00,000
Additional Premium : 2% of the tabular annual premium will be payable for HALF YEARLY mode.
Grace period of one calendar month but not less than 30 days will be allowed.
Loan – NO Loan will be granted
Surrender Value- No surrender value
Paid up value – No paid up value
Back dating allowed but no interest will be charged for back dating.
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