LIC Amulya Jeevan – I
LIC Amulya Jeevan – I Plan (Plan No. 190) is a Term Assurance plan with minimum Sum Assured as Rs.25
lakh.
190 – Amulya Jeevan – I
| Term | Age | Sum Assured | |
| Minimum | 5 | 18 | 25,00,000 |
| Maximum | 35 | 60 | No Limits |
Premium Ceasing Age : 70 Premium Ceasing Term : 35
Plan Highlights
Benefits
On death during the term of the policy full sum assured is payable.
On surviving the term no maturity proceeds are payable
Eligibility & Conditions
(a) Minimum age at entry : 18 years (completed)
(b) Maximum age at entry : 60 years (nearest birthday)
(c) Maximum age at maturity : 70 years (nearest birthday)
(d) Minimum Policy Term : 5 years
(e) Maximum Policy term : 35 years
(f) Minimum Sum Assured : Rs.25,00,000/-
(g) Maximum Sum Assured : No Upper Limit
(Policies will be issued in multiples of Rs.100,000/- for Sums Assured more than the minimum Sum
Assured)
(h) Mode of premium payment : Yearly, Half-yearly & Single Premium
Rebates
a) Mode Rebate
There is no mode rebate for yearly mode of premium payment under this plan. In case of half-yearly
mode, there is an additional premium of 2% of the tabular annual premium.
b) Large Sum Assured Rebates
A rebate of Rs.0.5 %o Sum Assured will be allowed under Single Premium policies with Sums Assured of
Rs. One Crore and above. There will be no rebate for large Sum Assured in case of Regular Premium.
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Amulya Jeevan- 1 | admin May 4, 2010
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Inquiry
Thank you.
By sneha, January 29, 2011 @ 7:25 pm
i think its perfect for the person who are middle class or for those person who had less money to spend.
By DR R.P. MAURYA, August 10, 2011 @ 6:36 pm
I wants 50 lac term plan for 24to30 yers .My DOB is 15.01.1965.what will be the anual premium in LIC of India term plan.
By admin, August 11, 2011 @ 5:56 pm
Your Premium is 46950.00 per year for 23 years. You will get maximum 23 years term in LIC’s Amulya Jeevan 1 Term Insurance Plan.
By Vineeth, August 31, 2011 @ 2:32 pm
Dear Sir
I am an NRI residing in Dubai and would like to take a Term Insurance. Are NRI’s are entitled to take Term policy?
what will be my premium for
DOB: 17/04/1976
Term years: 30 or 35 Years
Amt: 50-70 Lacs
I would be thankful if you could please reply to me.
By admin, September 3, 2011 @ 5:13 pm
No NRI can’t invest in Term Plan. You have to go for Endowment Table 14, Jeevan Anand table 149, Jeevan Shree 1.
By g.chandra sekhar, October 5, 2011 @ 6:19 pm
dear sir,
please send detail LIC Amulya Jeevan – I