Lic’s New Money Back Plan
20 Years Plan No 820 (UIN: 512N280V01)
|
ELIGIBLE CONDITIONS
|
|
|
AGE
AT ENTRY
|
13
Years- 50 Years
|
|
POLICY
TERM
|
20 Years
|
|
PREMIUM
TERM
|
15 Years
|
|
AGE
AT MATURITY
|
70 Years (Maximum)
|
|
LOAN
|
3rd
Year onwards depends on PPT
|
|
SURRENDER
|
Paid up
Value 3rd Year onwards
|
|
SUM
ASSURED
|
Min Rs
1,00,000-Max No limit multiples of Rs 5000
|
|
DEATH
BENIFIT
|
Ø 125% of Sum Assured (or) 10 times
of the Annual premium whichever is Higher + Simple Revisionary Bonus +
Final Additional Bonus.
|
|
ACCIDENTAL DEATH AND DISABILITY BENEFIT RIDER
|
18 Years- 70 Years
Ø
In case of
accidental death, the Accident Benefit Sum Assured will be payable as lump
sum along with the death benefit under the basic plan.
Ø
In case of accidental permanent disability
arising due to accident (within 180 days from the date of accident), an
amount equal to the Accident Benefit Sum Assured will be paid in equal
monthly installments spread over 10 years and future premiums for Accident
Benefit Sum Assured as well as premiums for the portion of Basic Sum Assured
which is equal to Accident Benefit Sum Assured under the policy, shall be
waived.
|
|
MATURITY
BENIFIT
|
Ø Survival Benefits: 20% of Basic Sum Assured on 5th,
10th, 15th Year.
Ø 40% of Basic Sum Assured + Simple Revisionary Bonus
+ Final Additional Bonus.
|
Pl feel free to contact
Balasubramanian
Lic agent @9443209081
No comments:
Post a Comment