It is a money back plan for the tenure of 20 Years with a premium payment of 15 Years. Survival Benefit will be payable every after 5 years @ 20 % of Basic Sum Assured. On Maturity, balance 40 % of Sum Assured and vested reversionary bonuses with Final Additional Bonus will be payable in lump sum. The policy can be taken by any person between the ages of 13 years to 50 years.
Part of Sum Assured is payable after every 5 years in the form of Survival Benefit. Ideal to fulfil periodic goals. Also, enjoy maturity benefits at the end of the Term.
In case of Unfortunate demise during policy term, an amount equal to Sum Assured plus bonus will be payable without deduction of Survival Benefits paid earlier.
Every year, LIC declares valuation results.
As per valuation result declared by LIC, profit is being shared among all policyholders as bonus.
Periodic Survival Benefits in the form of Money back. Ideal for those who has short term goals like dream vacation, taking new house, children education.
By paying small extra premium amount, you can secure your life for high insurance protection on natural or accidental death by opting DAB and Term Rider.
|Entry Age||13 Years Completed age||50 Years Nearest birthday|
|Maturity age||70 Years nearest age|
|Sum Assured||₹ 1,00,000/-||No Limit|
|Mode of Payment||Yearly, Half Yearly, Quarterly, Monthly, S.S.S., Monthly (ECS)|
Minimum Sum Assured :- ₹ 1,00,000/-
Maximum Sum Assured :- ₹ 1,00,00,000/- sub. to not exceed to the Sum Assured under the basicPlan.
Minimum Entry Age :- 18 years completed
Maximum Entry Age :- 50 years nearest birthday
Maximum Maturity Age :- 70 years nearest birthday
Minimum Age At entry : 18 Years (Completed)
Maximum Age At entry : 60 Years nearest birthday
Minimum Sum Assured : ₹ 1,00,000/-
Maximum Sum assured : ₹ 25,00,000/-
Maximum Maturity Age : 70 Years nearest birthday