New Policy Jeevan Lakshya (Plan no. 833) Launched by Life Insurance Corporation of India (LIC of India)
Basic features of this Policy:
Life insurance corporation of India lunched the Jeevan Lakshya (Plan no. 833) few month ago. Jeevan Lakshya Policy is a great policy of LIC of India. Its features are very well for children and parents also. This policy offers two type of protection to the policy holders.
It is non linked plan.
New Policy Jeevan Lakshya (Plan no. 833) Launched Life Insurance Corporation of India (LIC of India)Minimum Age: 18 Years.
Maximum Age: 50 Years
Maximum maturity Age of Policy Holder 65 years.
Policy Term: 13 to 25 years.
Maturity Benefit: Policy Holders if premium paid in full policy term / at the time of maturity equal to basic sum assured with vested simple reversionary bonus LIC of India shall be payable to the Policy holders.
Death Benefit: In case of occurs death of policy holders before the maturity then there is no further premium will be paid for this policy till maturity. But 10% of Sum assured shall be paid to nominee at the end of every year till maturity by the LIC of India
Please look the official website for more details www.licindia.in
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