Monday 27 January 2014

Lic’s New Bima Bachat Plan No 816 (UIN: 512N284V01)
ELIGIBLE CONDITIONS
AGE AT ENTRY
15 Years -66 Years
POLICY TERM
9 Years /12 Years/15 Years
SUM ASSURED
Rs 35,000 for 9 Years / Rs 50,000 for 12 Years/ Rs 70,000 for 15 Years.
Maximum no limit ,multiples of Rs 5000
AGE AT MATURITY
75 Years
LOAN
2nd Year onwards 60% of Surrender value
SURRENDER 
 Ø             1st Year 70% of Single Premium
2nd Year Onwards 90% of Single Premium

RISK COVER ENTRY
2nd Year from Date of Commencement or Age 8 Years of Child
DEATH BENIFIT                             
Ø  For first 5 years Sum Assured only.    
Ø 6th Years onwards Sum Assured+ Loyalty Addition, if any
MATURITY BENIFITS
Ø 15% of Sum Assured every 3 years
Ø  
Return of Single Premium (excluding taxes and extra premium, if any) + Loyalty Addition, if any on Maturity.
Pl feel free to contact
Balasubramanian
Lic agent @9443209081



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