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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