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Plan No. 836
LIC's Jeevan Labh is
a Limited Premium Payment Endowment Insurance Plan
.
The Main Feature
of this plan is, the payment of premiums is limited to a term shorter than the policy (Limited Premium Payment -LPP). The maturity amount is payable at the end of the policy term, or on the death of the policy holder whichever is earlier.
Maturity Benefit
under Jeevan Labh : Sum Assured + Bonus + Final Additional Bonus (As applicable).
Death Benefit
under Jeevan Labh : The policyholder's nominee will receive,
Sum Assured + Bonus + Final Additional Bonus (As applicable).
Optional riders
like Term insurance rider (TR) & ADADB (Accidental Death And Disability Benefit ) are available.
Loan facility
is available under this plan, after payment of premiums for at least 3 full years subject to conditions:
Maximum loan for inforce policy-90% of surrender value and for paid up policies 80% of surrender value.
Eligibility Criteria
Min.
Max.
Age
8
59
Term/PPT
16/10, 21/15, 25/16
Sum
2,00,000
No Limit
Modes
Yearly, Half Yearly, Quarterly, Monthly (SSS or ECS)
Yearly Premium For 1000000 Sum Assured
Age
16/10
21/15
25/16
16
81898
51812
43384
25
82094
52057
43727
40
83564
54164
46422
55
90914
-
-
Back
Download Brochure
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