Welcome to Policy Sahi Hai
New Endowment Plan
New Endowment Plan
"In case you are not there to hold him make sure you leave a safety net for him"
BENEFITS:
- LIC’s new endowment plan which gives the individual, life assurance along with savings.
- This plan also has the option of taking the Maturity proceeds in instalments as the policy-holder can choose the no of year as 5, 10 or 15.
- The risk coverage under this plan enhances every year as LIC declared the bonuses. However, the premium does not change.
- In a similar way, the policyholder also has the option of choosing the death benefit in instalments.
- The customer gets the tax-free maturity under this plan which includes the bonus also along with Sum Assured.
- LIC also offer the discount in the premium in case the mode of payment is Yearly.
- This plan has an option of choosing the Accidental Life cover, Disability Benefit & Critical illness cover.
- The loan is also available to the policyholder after the completion of 2 years of the policy.
- In case of a minor, this plan also has the premium waiver benefit in case of death of the parent.
- Settlement option avilable on Maturity and Death in Installments of 5,10 or 15 Years
HOW DOES THIS POLICY WORK ?
| Eligibility Criteria | Minimum | Maximum |
|---|---|---|
| Age | 18 Years (Completed) | 50 Years(Near Birthday) |
| Policy Term | 15 Years | 35 Years |
| Premium Payment Term | Same as Policy Term | Same as Policy Term |
| Basic Sum Assured | Rs. 1 Lac | No Limit |
| Maximum Maturity Age | 75 Years (Near Birthday) | 75 Years (Near Birthday) |
| Rider | LIC’s NEW CRITICAL ILLNESS BENEFIT RIDER(CIR) | LIC’s NEW CRITICAL ILLNESS BENEFIT RIDER(CIR) |
| Rider | LIC's NEW TERM ASSURANCE RIDER (TR) | LIC's NEW TERM ASSURANCE RIDER (TR) |
| Rider | LIC's ACCIDENTAL DEATH AND DISABILITY BENEFIT RIDER | LIC's ACCIDENTAL DEATH AND DISABILITY BENEFIT RIDER |
| Rider | LlC's ACCIDENT BENEFIT RIDER | LlC's ACCIDENT BENEFIT RIDER |
@2020 Policy Sahi Hai. All rights reserved.
Designed and Developed by MematDigi.