LIC Term Assurance Plan a) Temporary Assurance (Table No. 43): It is a term assurance plan which provides risk cover for a short period of two years or less. b) Mortgage redemption Assurance (Table No. 52): Decreasing term assurance policy to meet the requirements of borrowers, where the death benefit is the outstanding loan amount. [...]
Term Assurance
LIC Temporary Assurance certain without profits Table 43
LIC Table 43 : Temporary Assurance certain without profits Lic Temporary Assurance Conditions: Min. age at entry: 18 years (lbd). Max. age at entry: 60 years (lbd). Min. S.A.: Rs. 3 lakhs Max. SA : 1 crore. SA in multiples: 50,000 Max. Maturity age: 62 years. Modes Allowed: Single only. Terms Allowed: 6/12/18/24 months Accident benefit: Not [...]
LIC Anmol Jeevan 1 Table 164
LIC India Table 164 : Anmol Jeevan-1 (without profits) W.e.f. 01-11-2003 and W.e.f. 27-02-2006 maximum SA is reduced to 24 lakhs. Lic Anmol Jivan Conditions: Min. age at entry: 18 years (completed). Max. age at entry: 55 years (nbd). Min. S.A.: Rs. 5 lakhs Max. SA. (wef 27-2-2006): 24 lakhs SA in multiples: 1 lakh Max. [...]
LIC Amulya Jeevan Table 190
LIC Amulya Jeevan Table 190 : General policy condition Min. age at entryMax. age at entryMax. Maturity Age Minimum Term Maximum Term Modes allowed Minimum S.A S.A in multiples of Max. S.A 18 yrs (completed)60 years (nbd)70 years (nbd) 5 years 35 years Yly/Hly/S.p Rs. 25 Lakhs 1 Lkhs No Limit Jeevan Amulya Features: This [...]