About Jeevan Lakshya Plan - Call me for more details 9343771421, banashankari, bangalore
LIC’s New Plan – Jeevan Lakshya (Plan No.833) Launching today 12 March 2015
with profit Endowment plan
with profit Endowment plan
- Age : 18 to 50 yrs.
- Maturity Age : 65 yrs.
- Policy Term :13 to 25 yr
- Premium Term = Policy term minus 3 yrs.
- S.A. : Min 1 Lac & Max- No limit.
- Accident Rider (DAB): upto 1 Cr. (Over all limit)
- Term Rider: Min -Basic SA ,Max- 25 Lacs
- On Maturity : 110% SA + Bonus + FAB
- On Death :
- 10% SA payable on every policy anniversary after Death till Maturity.
- And on Maturity date again 110%SA + Bonus + FAB.
- Loan : After 3 Yrs.
- Tax Benefits : u/s 80c
- Maturity /Death claims: Tax free u/s 10 (10)D
Ex : Abc person took the policy 5 lakhs, 20 yrs term. He paid till 5 years and accidentally passed away. IF CLAIM OCCURED ON 5TH YEAR,FROM 6TH YEAR 10% OF SA (IF SA 500000=50000) WILL BE GIVEN JUST ONE YEAR BEFORE THE MATURITY ( 20TH YEAR).ON MATURITY MEANS 21st YEAR
110% MEANS 550000+BONUS WILL BE GIVEN. SEE BELOW EXAMPLE.
6th year…………….50000
7thyear……………..50000
……….and so on……….
20th year……………50000
21st MATURITY………..550000+BONUS
Call me for more details 9343771421, banashankari, ittumadu, uttrahalli, katriguppe, btm, jayanagar, jp nagar, girinagar, vijay nagar, bangalore
