LIC’s New Anmol Jeevan

LIC’s New Anmol Jeevan- 1  Table No. 164:

Premium Ceasing Age : 60 Premium Ceasing Term : 0
Plan Highlights
Features

LIC’s Anmol Jeevan is a unique plan of LIC’s term assurance policywith Table No 164, by far the cheapest policy to buy; cheaper than even a whole life policy to start with. This plan is allowed to standard and sub-standard lives (upto Class VI EMR). In case of female lives, this plan will be restricted to Category I and II lives only. Physically handicapped persons will not be eligible for this plan.
Special Features
Persons following hazardous occupations attracting an Occupation Extra of Rs.4/- or more per Rs.1000/-
Sum Assured will not be eligible for the plan. Cost of medical examination will be borne by the
Corporation.
• Standard age proof will have to be submitted along with the proposal form for term insurance plan.
• Proposals will be considered on the basis of Medical Reports and Special reports (if any).
• Cost of medical examination (including Special reports, if any) will be borne by the LIC as per rules.
• The basic Sum Assured under this plan will be the basis for medical examination and SUC.
Benefits
Survival Benefits:

This being a pure term assurance policy, no maturity proceeds are payable.
Death Benefits:
On the other hand, the risk of premature death is fully covered to the extent of the sum assured.

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6 Comments

  • By SUMIT KUMAR, May 7, 2010 @ 12:15 pm

    URGENTLY I NEED FULL INFORMATION OF JEEVAN ANMOL AND JEEVAN SARAL

  • By Gargik Adhikari, November 1, 2010 @ 8:29 pm

    Want to do Personal accident policy with minimum or low premium. Pls guide…

  • By Hiren Bhatt, April 22, 2011 @ 11:30 pm

    Under Anmol Jeevan LIC Term Insurance:

    Incase policy holder death through accident, he is eligibile for claim or not?

  • By admin, April 22, 2011 @ 11:33 pm

    In case of any kind of death policy holder’s nominee will get full sum assured amount in Anmol Jeevan Policy.

  • By Preeti S.D., May 12, 2011 @ 11:57 am

    One person want to take policy of Rs. 50,00,000/- for his 17 years daughter up to her age 60 i.e for 43 years term. Then which LIC’s plan is best for her & how much premium they have to pay yearly. please advise me.

  • By admin, May 12, 2011 @ 1:02 pm

    This policy if above 18 years age. LIC Anmol Jeevan is Term Insurance Plan. If you are interest to take term plan u have to wait for 1 year to elligible.

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