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 Limit | 8-55 Years |
Policy Term | 12-35 Years |
Maximum Age At Maturity | 75 Years (Near Birthday) |
Maturity Calculator | Basic Sum Assured + Accumulated Simple Reversionary Bonus (Bonus) + Final Additional Bonus (FAB) |
Death Claim Amount | Death 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 Assured | Basic Sum Assured or 7 times of your Annual Premium, whichever is higher. |
Available Riders | Accidental and Disability Benefit Rider, Term Assurance Rider, Accidental Benefit Rider, Premium Waiver Benefit Rider |
Surrender and Loan | Available in, Premiums of the First 2 Years are paid. |
Tax Benefit | Premium is exempted (80c) and Maturity/Death Claim is Tax Free 10(10D) |