Lic Limited Payment Endowment Plan 830 Details

Tuesday, December 9, 2014

LIC Of INDIA

Lic Limited Payment Endowment Plan 830 Details | Features, Benefits Reviews, Premium, Maturity and Risk Cover

Lic Limited Payment Endowment Plan Table No 830 Details

CONDITIONS AND OTHER RESTRICTIONS:

Minimum Entry Age : 18 years completed

Maximum Entry Age
: 62 years (age near birthday);

Maximum Maturity Age
: 75 Years

Minimum Maturity Sum Assured
: Rs.3 Lacs. Thereafter, in multiples of Rs.10000/-Maximum

Maturity Sum Assured
: No Limit

Policy Term :12, 16, 21 years

Premium Paying Term : 8 & 9 yrs.

Maturity Sum Assured
: Basic Sum Assured + Vested Bonus + FAB, if any;

Death Sum Assured
: Sum Assured + VB + FAB, if any, where SA is defined as Higher of-10 times of Annualized Premium OR 125% of Basic Sum Assured OR 105% of all premiums paid;
Accident Benefit Rider :Optional rider with minimum Rs.10000/- & maximum up to Rs.1 Cr, subject to max SA;

Term Assurance Rider
:Optional, with min Rs.1 Lac & max Rs.25 Lacs;

Mode Rebates
:2% for Yearly & 1% for Half yearly;

High SA Rebates
:5 Lacs to 9.90 Lacs=0.50% & 10 Lacs & above= 0.75%;

Revival of Lapsed policies
:Within 2 years from date of FUP;

LIC New Limited Payment Endowment Plan Table No 830 Presentation






Lic New Limited Payment Endowment Plan Table No 830 Premium Calculator

Lic New Limited Payment Endowment Plan Table No 830 Permium Calculator


Related Plans :  LIC New Endowment Plan Table No - 814