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Home All Updates (80) Plan :Jeevan Labh(83
Plan :Jeevan Labh(83
Plan :Jeevan Labh(836) Product Summary : LIC's Jeevan Labh Plan (836) is a limited premium paying, non-linked, with-profits Endowment Assurance plan. Premium Payment Mode: Yearly, Halfly, Quarterly, Monthly(ECS) Term : 16 Year 21 Year 25 Year PPT* : For Term 16 Year Ppt 10 year For Term 21 Year Ppt 15 Year For Term 25 Year ppt 16 year Minimum Entry Age : 8 Year Completed Maximum Entry Age : 59 Year (Nearest Birthday) Maximum Maturity Age : 75 Year Minimum Sum Assured : 2, 00, 000 Maximum Sum Assured : NO LIMIT (Depending upon Income) Maximum Accidental Death and Disability Benefit Rider up to age 70. Policy Benefits : On Death : Basic Sum-Assured, OR 10 times of Annualized Premium, OR 105%of all Premiums paid as on death, WHICHEVER IS HIGHER. On Survival : On survival Basic Sum-Assured + Reversionary Bonus+ Final Additional Bonus. Surrendered Value : The Policy can be surrendered at any time during the policy term provided atleast three full years premiums have been paid. Loan : Loan Facillity is available under this plan, after payment of premiums for at least 3 full years. Income Tax Benefit : • Premium paid under this plan is eligible for TAX rebate under section 80c. • Maturity under this plan is free under sec 10(10D).
  • 2018-04-30T09:43:52

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