Know Your Policy

LIC's New Tech-Term Plan No.954
LIC’s New Tech-Term (UIN: 512N351V01) (A Non-linked, Non-participating, Individual, Pure Risk Premium Life Insurance Plan)


LIC’s New Tech-Term is a Non-Linked, Non-participating, Individual, Pure Risk Premium Life Insurance Plan. This Online plan provides financial protection to the insured’s family in case of his/her unfortunate death during the policy term.
Key features of LIC’s New Tech-Term:
• Flexibility to choose from two benefit options: Level Sum Assured and Increasing Sum Assured.
• Flexibility to
• Choose from Single Premium, Regular Premium and Limited Premium Payment
• Choose the Policy Term/Premium Paying Term
• Opt for payment of benefit in instalments.
• Special rates for women.
• Benefit of attractive High Sum Assured Rebate.
• Two categories of premium rates namely (1) Non-Smoker rates and (2) Smoker rates. The application of Non-Smoker rates shall be based on the findings of the Urinary Cotinine test. In all other cases, the Smoker rates will be applicable.
• Option to enhance coverage by opting for Accident Benefit Rider on payment of additional premium for the rider benefit.

techtermplan
LIC's New Jeevan Amar Plan No.955
LIC’s New Jeevan Amar (UIN: 512N350V01)


LIC’s New Jeevan Amar is a Non-Linked, Non-participating, Individual, Pure Risk Premium Life Insurance Plan, which provides financial protection to the insured’s family in case of his/her unfortunate death during the policy term.
Key features of LIC’s New Jeevan Amar:
• Flexibility to choose from two benefit options: Level Sum Assured and Increasing Sum Assured.
• Flexibility to
o Choose from Single Premium, Regular Premium and Limited       Premium Payment
o Choose the Policy Term/Premium Paying Term
o Opt for payment of benefit in instalments.
• Special rates for women.
• Benefit of attractive High Sum Assured Rebate.
• Two categories of premium rates namely (1) Non-Smoker rates and (2) Smoker rates. The application of Non-Smoker rates shall be based on the findings of the Urinary Cotinine test. In all other cases, the Smoker rates will be applicable.
• Option to enhance coverage by opting for Accident Benefit Rider on payment of additional premium for the rider benefit.

amar
LIC's Saral Jeevan Beema Plan No.859
LIC’s SARAL JEEVAN BIMA (UIN:512N341V01 )


LIC’s Saral Jeevan Bima Plan is a Non-Linked, Non-Participating, Individual, Pure Risk Life Insurance plan which provides financial protection to the insured’s family in case of his/her unfortunate death during the policy term.
During the Waiting Period of 45 days from the date of commencement of Risk:
This Policy will cover death due to accident only during the waiting period of 45 days from the date of commencement of risk. In case of death of the Life Assured other than due to accident during the waiting period, an amount equal to 100% of all premiums received excluding taxes, if any, shall be paid and the Basic Sum Assured shall not be paid.

saral
Endowment Plan
Jeevan Lakshya Plan No.933
LIC’s JEEVAN LAKSHYA (UIN: 512N297V02)


LIC’s Jeevan Lakshya is a Non-linked, Participating, Individual, Life Assurance plan which offers a combination of protection and savings. This plan provides for Annual Income benefit that may help to fulfill the needs of the family, primarily for the benefit of children, in case of unfortunate death of Policyholder any time before maturity and a lump sum amount at the time of maturity irrespective of survival of the Policyholder. This plan also takes care of liquidity needs through its loan facility.
Eligibility Conditions and Other Restrictions :
a) Minimum Basic Sum Assured : `100,000
b) Maximum Basic Sum Assured : No Limit (The Basic Sum Assured shall be in multiples of ` 10,000/-)
c) Policy Term : 13 to 25 years
d) Premium Paying Term : (Policy Term – 3) years
e) Minimum Age at entry : 18 years (last birthday)
f) Maximum Age at entry : 50 years (nearer birthday)
g) Maximum Maturity Age : 65 years (nearer birthday)

lakshya
AAdhar Shila Plan No.944
LIC’s AADHAAR SHILA (UIN: 512N309V03)


LIC’s Aadhaar Shila is a Non-Linked, Participating, Individual, Savings Life Insurance designed exclusively for female lives, which offers a combination of protection and savings. This plan provides financial support for the family in case of unfortunate death of the policyholder any time before maturity and a lump sum amount at the time of maturity for the surviving policyholder.
In addition, this plan also takes care of liquidity needs through its Auto Cover as well as loan facility.
Eligibility Conditions and Other Restrictions:
a) Minimum Basic Sum Assured per life* : ` 2,00,000
b) Maximum Basic Sum Assured per life* : ` 5,00,000 The Basic Sum Assured shall be in multiples of ` 5,000/- from Basic Sum Assured `2,00,000 to `3,00,000/- and `25,000/- for Basic Sum Assured above `3,00,000/
c) Minimum Age at entry 8 years (completed)
d) Maximum Age at entry 55 years (nearest birthday)
e) Policy Term 10 to 20 years
f) Premium Paying Term Same as Policy Term
g) Minimum Age at Maturity 18 years (completed)
h) Maximum Age at Maturity 70 years (nearest birthday)

aadhar
Jeevan Labh Plan No.936
LIC's Jeevan Labh(UIN: 512N304V02)


LIC's Jeevan Labh is a Non-Linked, Participating, individual, Life assurance saving plan which offers an attractive combination of protection and saving feature. This combination provides financial support for the family of the deceased policyholder. In case of unfortunate death of the policy holder any time before maturity and a lump sum amount at the time of maturity for the surviving policy holder. This plan also takes care of liquidity needs through its loan facility.
Plan Features:
*Shorter Premium Payment period
*High returns compared to premium
*Zero Market Risk
*Tax Free Maturity(u/s 10(10D)
*Critical illness and disability riders
*LIC's Profit Shared as Bonus and Final Additio Bonus

labh
New Jeevan Anand Plan No. 915
LIC’S NEW JEEVAN ANAND (UIN: 512N279V02)


LIC’s New Jeevan Anand Plan is a Non-linked, Participating, Individual, Life Assurance plan which offers an attractive combination of protection and savings. This combination provides financial protection against death throughout the lifetime of the policyholder with the provision of payment of lumpsum at the end of the selected policy term in case of his/her survival. This plan also takes care of liquidity needs through its loan facility.
Key Features
*The LIC Jeevan Anand is a traditional participating whole life endowment policy plan
*LIC's Accidental Death and Disability Benefit Rider is available by making the payment of a nominal premium amount
*The LIC New Jeevan Anand Plan offers tax exemption on the amount of premium paid under Section 80C and the claim amounts i.e. Death or Maturity Benefit under Section 10(10D) of the Income Tax Act, 1961.
*Premiums paid towards this plan are eligible for tax deductions as per Section 80C and Section 10(10D) of the Income Tax Act, 1961.
*Rider available
*Lump sum payout in case of survival.

anand
LIC’s AADHAAR STAMBH Plan No.943
LIC’s AADHAAR STAMBH (UIN:512N310V03)


Life Insurance plan designed exclusively for male lives, which offers a combination of protection and savings. This plan provides financial support for the family in case of unfortunate death of the policyholder any time before maturity and a lump sum amount at the time of maturity for the surviving policyholder. In addition, this plan also takes care of liquidity needs through its Auto Cover as well as loan facility.
Features of LIC's AADHAR STAMBH:
* This plan provides auto cover facility i.e., it provides auto cover and cash flow requirement along with loan facility.
*It is a low premium plan.
*At the maturity of this plan, the policy holder receives Basic sum assured + Loyalty Addition.

stamb
LIC’s Dhan Sanchay Plan No.865
LIC’s SINGLE PREMIUM ENDOMENT PLAN Plan No.917
LIC’s NEW ENDOWMENT PLAN Plan No.914
LIC’s Jeevan Azad Plan No.868
LIC's Dhan Varsha plan No.866
Money Back Plan