LIC's Amulya Jeevan - II is a protection plan which provides financial protection to the insured's family in case of his/her unfortunate demise.
Death Benefit: In case of unfortunate death of the Life Assured during the policy term Sum Assured shall be payable.
Maturity Benefit: On survival to the end of the policy term, nothing shall be payable.
Eligiblity Conditions:
Minimum Sum Assured : Rs. 25,00,000
Maximum Sum Assured : No limit
(The Sum Assured shall be in multiples of Rs. 1, 00,000/-)
Minimum age at entry : 18 years (completed)
Maximum age at entry : 60 years (nearest birthday)
Maximum cover ceasing age : 70 years (nearest birthday)
Minimum policy term : 5 years
Maximum policy term : 35 years
Payment of Premiums : Premiums can be paid regularly during the term of the policy at yearly or half-yearly intervals.
A grace period of one month but not less than 30 days will be allowed for payment of premiums.
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