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Plan No. 847
Key Features:
Ideal plan for High Net Worth Individuals with Limited Payment Option
Offers guaranteed 25% Additional Life cover without any cost
Also guaranteed Customized Payouts at regular Intervals
5-5.5% Bonus is Guaranteed by LIC
Loyalty Bonus is also payable on Maturity along with Sum Assured
In-built Critical Illness Benefit Covering 15 Major Illnesses
Option of taking Maturity & Death Benefit in installments
Back-dating Facility Available
Tax Benefit on Premiums paid u/s 80C & 10(10D)
Optional Additional Life Cover & Accidental Death Benefits
Eligibility Criteria
Min.
Max.
Age
18 Years (Completed)
55 Years for 14 Year Term
51 Years for 16 Year Term
48 Years for 18 Year Term
45 Years for 20 Year Term
20 Years
65 Years
Policy Term
14, 16, 18 & 20 Years
Premium Payment Term
Policy Term Minus 4 Years
Sum Assured
Rs.1 Crore
No Limit
Age at Maturity
69 Years for 14 Year Term
67 Years for 16 Year Term
66 Years for 18 Year Term
65 Years for 20 Year Term
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