LIC Jeevan Labh 9980940508

Plan836

LIC New Jeevan Labh - Endowment Plan

LIC Jeevan Labh
LIC's Jeevan Labh is a limited premium paying, non-linked, with-profits endowment plan which offers a combination of protection and savings.

Jeevan Labh is a limited premium paying, non-linked, with-profits endowment plan which offers a combination of protection and savings. This plan provides financial support for the family in case of unfortunate death of the policyholder any time before maturity and a lump sum amount at the time of maturity for the surviving policyholder.

Key Features of LIC Jeevan Labh Plan
Higher Return due high bonus
Premiums need to be paid for less number of years than Maturity year
Ideal Plan for planning Child’s Education and Marriage
Options to avail accidental benefit and term riders
Premiums paid towards this policy are exempted from income tax under 80C

Eligibility Conditions and Other Restrictions :
a) Minimum Basic Sum Assured :Rs. 2,00,000
b) Maximum BasicSum Assured :No Limit
(The Basic Sum Assured shall be in multiples of Rs. 10,000/-)
c) Policy Term/Premium Paying Term : (16/10), (21/15)(25/16)years
d) Minimum Age at entry :[8] years (completed)
e) Maximum Age at entry:[59] years (nearest birthday) for Policy Term 16 years
[54] years (nearest birthday) for Policy Term 21 years &
[50] years (nearest birthday) for Policy Term 25 years
f) Maximum Maturity Age : [75] years (nearest birthday)

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