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Plan No. 945
  • This is the ideal plan for savings & Retirement Planning
  • It provides the guaranteed tax-free Income of 8% of Sum Assured for life time
  • It offers the life cover for life time
  • The customer gets the tax-free maturity under this plan which includes the bonus also along with Sum Assured
  • This plan has an option of choosing the Accidental Life cover, Disability Benefit & Critical illness cover.
  • In case of a minor, this plan also has the premium waiver benefit in case of death of the parent.
  • The policyholder also has the option of choosing the death benefit in installments
  • LIC also offer the discount in the premium in case the mode of payment is Yearly.
  • The loan is also available to the policyholder after the completion of 1 year of the policy
How Does This Policy Work
Sample illustration
Eligibility Criteria
Min. Max.
Age 90 Days (Completed)) 55 Years for Payment Term = 15
50 Years for Payment Term = 20
45 Years for Payment Term = 25
40 Years for payment term = 30
Policy Term 100 Years - Age
Premium Payment Term 15, 20 25, & 30 Years
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