Friday, August 8, 2014

LIC's Term Plan- Amulya Jeevan - II ,TABLE NO.823







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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