LIC Jeevan Lakshya 9980940508

Plan833

LIC New Jeevan Lakshya - Endowment Plan

LIC Jeevan Lakshya
LIC's Jeevan Lakshya is a participating non-linked plan which offers a combination of protection and savings. This plan provides for Annual Income benefit that may help to fulfill the needs of the family, primarily for the benefit of children, in case of unfortunate death of Policyholder any time before maturity and a lump sum amount at the time of maturity irrespective of survival of the Policyholder.

Key features of LIC Jeevan Lakshya
In case of death during policy term, 10% of Basic Sum Assured shall be payable till the policy anniversary prior to the date of maturity.
Assured Absolute Amount equal to 110% of Basic Sum Assured, which shall be payable on due date of maturity

Eligibility Conditions and Other Restriction :
a) Minimum Basic Sum Assured : Rs. 100,000
b) Maximum Basic Sum Assured : No Limit
c) Minimum Age at entry : 18 years (completed)
d) Maximum Age at entry : 50 years (nearest birthday)
e) Maximum Maturity Age : 65 years (nearest birthday)
f) Minimum Policy Term : 13 years
g) Maximum Policy Term : 25 years
h) Premium Paying Term : (Policy Term - 3 years)

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