Lic Handicapped Plans
Following plans are designed for the benefit of handicapped dependents. Benefits are payable partly in lumpsum and partly in the form of annuity.
a) Jeevan Adhar (Table No. 114):
- A limited payment Whole Life Policy with guaranteed additions @ Rs 100 per thousand sun assured p.a. accruing up to 65 yearss of age of the life assured or on earlier death. Premiums up to a limit are eligible for income tax relief u/s 80 DDA.
b) Jeevan Vishwas (Table No. 136):
- An endowment type plan with guaranteed additions @ Rs 60 per thousand sum assured.