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LIC’s Single Premium Endowment - LIC New Plans policy - 2014

Benefits: LIC's Single Premium Endowment Plan is a participating non-linked savings cum protection plan, where premium is paid in lump sum at the outset of the policy. This combination provides financial protection against death during the policy term with the provision of payment of lumpsum at the end of the selected policy term in case of his/her survival. This plan also takes care of liquidity needs through its loan facility.

  1. ELIGIBILITY CONDITIONS AND OTHER RESTRICTIONS :

    1. Minimum entry age                    : 90 days (completed)
    2. Maximum entry age                   :  65 years (nearest birthday)
    3. Maximum maturity age:            : 75 years (nearest birthday)
    4. Minimum policy term                : 10 years
    5. Minimum age at maturity           : 18 years (completed)
    6. Maximum policy term                : 25 years
    7. Minimum Sum Assured             : Rs.50,000
    8. Maximum Sum assured             : No limit
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LIC of India List of LICs New Plans Launching - 2014
1. Single Premium Endowment Plan - Table no. 817
2. Single Premium Endowment Plan - Table no. 814
3. New Moneyback Plan ( 20 years Term ) - Table no. 820
4. New Moneyback Plan ( 25 years Term ) - Table no. 821
5. New Bima Bachat - Table no. 816
6. Single Premium Endowment - Table no. 815

 

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