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

 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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LIC Term Plans

LIC’s Term Plans: LIC offers various kind of Term Plans with Highest Risk Cover and cheaper/ Lowest Premium Plans. This Kind of Policy is never gives you any maturity value. This policies are taking only for higher risk cover needs.

Find here Our Most Popular Term Plan Policies Features/ Benefits:

• Anmol Jeevan-I
• Amulya Jeevan-I
• The Convertible Term Assurance Policy
• Two Year Temporary Assurance Policy

Ask to our Authorised LIC Experts Insurance Consultant/ Agent for Detail Charts/ Presentations/ Examples/ Illustrations Various kind of options availble in this Plan. Write your Reviews or compare with any other private insurance company online here.

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