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Plan No. 848
The benefits offered by this plan are:
  • Limited Payment Optionn
  • Guaranteed 25% Additional Life cover without any cost
  • Guaranteed Customized Payouts at regular Intervals
  • 5 Ė 5.5% Bonus is Guaranteed by LIC
  • Loyalty Bonus is also payable on Maturity along with Sum Assured
  • Option of taking Maturity & Death Benefit in instalments
  • Loan is also available
  • Avail Tax Benefits u/s 80C & 10(10D)

  • Adiitional Benefits
  • This plan also offers add on benefits like Additional Life Cover, Accidental Death & Disability Benefit, Critical Illness Cover & Premium Waiver Benefit
Eligibility Criteria
Min. Max.
Age 8 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
Policy Term 14, 16, 18 & 20 Years
Premium Payment Term Policy Term Minus 4 Years
Sum Assured Rs.10 Lacs 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
Rider LICís NEW CRITICAL ILLNESS BENEFIT RIDER(CIR)
Rider LIC's ACCIDENTAL DEATH AND DISABILITY BENEFIT RIDER
Rider LlC's ACCIDENT BENEFIT RIDER
Rider LICís PREMIUM WAIVER BENEFIT RIDER (PWB) - If life assured is Minor
Rider LIC's NEW TERM ASSURANCE RIDER (TR)
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