Single Premium
Policy term is 9 Year, 12 Year and 15 Year
15 Year Completed and maximum entry age 50 Year Completed)
Minimum 2,00,000 to Max no limit. Maximum Accidental Death and Disability Benefit Rider up to age 70.
LIC Bima Bachat Policy Benefits :
On Death :
During 1st five years policy years : Sum Assured only.
After completion of five policy years : Sum Assured + Loyalty Addition, if any.
On Survival :
For Policy Term of 9 years : 15% of SA, after 3rd and 6th policy year.
For Policy Term of 12 years : 15% of SA, after 3rd ,6th and 9th policy year.
For Policy Term of 15 years : 15% of SA, after 3rd ,6th,9th and 12th policy year.
At Maturity Time :
Single Premium Paid + Loyalty Additions, if any.
Surrendered Value :
The policy can be surrendered at any time during the policy term subject to realization of the premium cheque.
Guaranteed Surrender Value :
First year: 70% of the Single Premium excluding taxes and extra premium,if any.
Thereafter: 90%of the Single Premium excluding taxes, extra premium, if any and all survival benefits paid earlier.
Loan :
Loan facility is available under this plan at any time after completion of one policy year.
Income Tax Benefit :
• Premium paid under this plan is eligible for TAX rebate under section 80c.
Do you still have questions or concerns? Want to know more about LIC Bima Bachat plan? 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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