Term Assurance Plans

1. LIC’s Anmol Jeevan - II

LIC’s Anmol Jeevan - II is a protection plan which provides financial protection to the insured’s family in case of his/her unfortunate demise.

Benefits:

Death Benefit: In case of unfortunate death of the Life Assured during the policy term Sum Assured shall be payable.

Maturity Benefit: On survival to the end of the policy term, nothing shall be payable.

2. LIC’s Amulya Jeevan – II

LIC's Amulya Jeevan - II is a protection plan which provides financial protection to the insured's family in case of his/her unfortunate demise.

Benefits:

Death Benefit: In case of unfortunate death of the Life Assured during the policy term Sum Assured shall be payable.

Maturity Benefit: On survival to the end of the policy term, nothing shall be payable. Eligibility Conditions & other Restrictions

1. Minimum Sum Assured : Rs. 25,00,000
2. Maximum Sum Assured : No limit
(The Sum Assured shall be in multiples of Rs. 1, 00,000/-)
1. Minimum age at entry : 18 years (completed)
2. Maximum age at entry : 60 years (nearest birthday)
3. Maximum cover ceasing age : 70 years (nearest birthday)
4. Minimum policy term : 5 years
5. Maximum policy term : 35 years
Payment of Premiums:

Premiums can be paid regularly during the term of the policy at yearly or half-yearly intervals. A grace period of one month but not less than 30 days will be allowed for payment of premiums.

Additional Premium:

Additional premium for half-yearly mode: 2.0% of tabular annual premium