Plan No. 847
Key Features:
- Ideal plan for High Net Worth Individuals with Limited Payment Option
- Offers guaranteed 25% Additional Life cover without any cost
- Also guaranteed Customized Payouts at regular Intervals
- 5-5.5% Bonus is Guaranteed by LIC
- Loyalty Bonus is also payable on Maturity along with Sum Assured
- In-built Critical Illness Benefit Covering 15 Major Illnesses
- Option of taking Maturity & Death Benefit in installments
- Back-dating Facility Available
- Tax Benefit on Premiums paid u/s 80C & 10(10D)
- Optional Additional Life Cover & Accidental Death Benefits
| Eligibility Criteria | |||
|---|---|---|---|
| Min. | Max. | ||
| Age | 18 Years (Completed) | 55 Years for 14 Year Term | |
| 51 Years for 16 Year Term | |||
| 48 Years for 18 Year Term | |||
| 45 Years for 20 Year Term | |||
| 20 Years | 65 Years | ||
| Policy Term | 14, 16, 18 & 20 Years | ||
| Premium Payment Term | Policy Term Minus 4 Years | ||
| Sum Assured | Rs.1 Crore | No Limit | |
| Age at Maturity | 69 Years for 14 Year Term | ||
| 67 Years for 16 Year Term | |||
| 66 Years for 18 Year Term | |||
| 65 Years for 20 Year Term | |||
