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Getting Started with IT, Must Go with an hand on Insurance

Getting Started with IT, Must Go with an hand on Insurance

by Monika Sharma - Number of replies: 0

New Endowment Plan 914 Maturity

Get your Life Covered with guaranteed returns after maturity start with LIC now, Contact your LIC Merchant. If you are a student apply for your scholarship with LIC, The LIC HFL Vidyadhan Scholarship

New Endowment Plan – Short Information
Age Limit8-55 Years
Policy Term12-35 Years
Maximum Age At Maturity75 Years (Near Birthday)
Maturity CalculatorBasic Sum Assured + Accumulated Simple Reversionary Bonus (Bonus) + Final Additional Bonus (FAB)
Death Claim AmountDeath Sum Assured + Accumulated Simple Reversionary Bonus (Bonus) till the time of Death + Final Additional Bonus (FAB) + Term Rider Sum Assured (if Opted).

Additional:- Accidental Rider Sum Assured in case of Accidental Death (if opted)
Death Sum AssuredBasic Sum Assured or 7 times of your Annual Premium, whichever is higher.
Available RidersAccidental and Disability Benefit Rider,
Term Assurance Rider,
Accidental Benefit Rider,
Premium Waiver Benefit Rider
Surrender and LoanAvailable in, Premiums of the First 2 Years are paid.
Tax BenefitPremium is exempted (80c)
and
Maturity/Death Claim is Tax Free 10(10D)


Attachment LIC Scholarship - LIC HFL Vidyadhan Scholarship.jpg