Lic Bima account Second II Table 806:

Guaranteed return = min. 6% per annum

Lockin Period = 3 years

Entry age = 8 – 60 years

Policy Term = 10 – 15 years

Premium range = 15000 – no upper limit.

Risk Cover = 10 – 30 times annualized premium.

No medical examination.

Loan available after 1st year itself.

Income Tax benefit as per prevalent laws.

Mode : Qtly/Hly/yrly/ ECS

Note:

1. If paying 15000 rs premium yearly then half yearly will be 8000 Rs and quarterly will be 4000 rs and ECS will be 1250 Rs per month.

Note:

1. If you want to increase the premium amount then you can top with addition of 1000 rs. For example, if you are paying 7000 rs then you can pay 8000 or 9000 or 10000 and so on and NOT 7500.

2. Lic of India Bima account Expenses Charges:

1st year = 27.5%

2nd & 3rd year = 7.5%

4th years onwads = 5%

If paying top premiums then 2% extra on top up premiums.

3. Lic of India Bima account Mortality charges:

Age 11 – 23 years = 0.56%

Age 24 – 29 years = 1.39%

Age 30 – 44 years = 1.85%

Age 45 years onwards = 3.8%

4. Service tax = 10.30%

To get this plan, please contact our LIC Agent on +91-9850-674-066. STRICTLY for new policy.

Check our Other LIC Plans:

1) Term Assurance Plans.

2) Children plans.

3) Pension Plans.

4) Unit Linked Plans.

5) LIC Micro Insurance Plan.

6) LIC Health Insurance Plans.

7) LIC Handicapped Dependants Plans.

8 ) Basic Life Insurance Plans.

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