Yearly, Halfly, Quarterly, Monthly(ECS)
Minimum 12 to Max 35 years
Minimum 8 Year Completed and maximum 55 Year (Nearest Birthday)
Minimum 1,00,000 to Max no limit
LIC New Endowment Policy Benefits :
On Death :
Sum Assured + Vested Bonus + FAB if any.,OR 7 times of Annualized Premium, OR
105%of all Premiums paid as on death, WHICHEVER IS HIGHER.
On Survival : On survival Basic Sum Assured + Vested Bonus + FAB if any.
Surrendered Value : The Policy can be surrendered at any time during the policy term provided at least 2 full years premiums have been paid.
Loan : Loan Facility is available under this plan, after payment of premiums for at least 2 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).
Do you still have questions or concerns? Want to know more about endowment plans? Please contact us so we can further discuss your needs and the solutions we give.
ADDRESS:
LIC Agent Kharghar
Dnyansarathi, Plot C-2, Sector 12, Kharghar, Navi Mumbai, Maharashtra 410210
GPS : 19.0425181, 73.0623533
PHONE:
9768187224
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