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LIC

LIC's JEEVAN LABH (836) PLAN

UIN: 512N304V01

This is limited premium paying, non-linked, with-profits endowment plan which offers combination of protection and savings

Limited Premium paying

With Profits endowment

Takes care of liquidity needs through its loan facility

Features and Benefits

Product Name LIC’S JEEVAN LABH PLAN
Product Code 836
Benefit Endowment
Plan Type Traditional Plan
Par/ Non Par Participating
Minimum Age at entry for Life Assured 8 yrs Completed
Maximum Age at entry for Life Assured [59] years (nearest birthday) for Policy Term 16 years
[54] years (nearest birthday) for Policy Term 21 years &
[50] years (nearest birthday) for Policy Term 25 years
Maximum Maturity Age 75
Minimum Basic Sum Assured 200000
Maximum Basic Sum Assured No Limit
Sum Assured The Basic Sum Assured shall be in multiples of Rs. 10,000/-
Policy Term 16/21/25
Premium Paying Term 10/15/16
NACH Available
Mode of Payment Yearly/ Half Yearly/ Quarterly/ Monthly
(For Monthly Mode NACH- two months premium need to be collected)
Backdating The policies can be dated back within the same financial year
Riders Allowed Accidental Death & Disability Benefit, Term Assurance and Critical Illness
Accidental Death & Disability Benefit -
Minimum Sum Assured = 10,000
Maximum Sum Assured = 100 Lakhs
Sum assured in multiple of 10,000
Term Assurance -
Minimum Sum Assured = 1 Lakh
Maximum Sum Assured = 25 Lakhs
Sum assured in multiple of 10,000
Critical Illness -
Minimum Sum Assured = 1 Lakh
Maximum Sum Assured = 25 Lakhs
Sum assured in multiple of 10,000









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