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Last Declared Bonus
LIC 8% Scenario
LIC 4% Scenario
Forecast
Scenario for LA*
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LIC 8% Scenario
LIC 4% Scenario
Sum Assured
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Founded in 1956, Life Insurance Corporation of India (LIC) is the largest life insurance company in the country with a total income of Rs. 492626.60 crore and total assets worth Rs. 2572028.34 Cr It’s fully owned by the Government of India & is also the county’s largest investor.
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Understand Life Insurance
Dhan Sanchay
Saral Jeevan Bima
Bachat Plus
New Endowment Plan
New Jeevan Anand
Aadhaar Stumb
Jeevan Labh
Aadhaar Shila
Jeevan Lakshya
Single Payment Endowment
Bima Jyoti
Jeevan Tarun
Jeevan Lakshya
New Children’s Money Back Plan
Jeevan Umang
New Jeevan Anand
Saral Pension
Jeevan Akshay- VII
Jeevan Shanti
Cancer Cover
Jeevan Arogya
Jeevan Amar
Jeevan Umang
Bima Shree
Jeevan Shiromani
New Money Back Plan 25 Years
New Money Back Plan
New Bima Bachat
Dhan Rekha
New Pension Plus
SIIP
Nivesh Plus
New Endowment Plus
Plan No. 817
Single Premium
with Profit Endowment Plan.
Benefits Payable on death:
On death of the Life Assured on or after the Commencement of Risk:
Sum Assured along with vested Simple reversionary bonuses and final additional bonus, if any, shall be payable.
On death of the Life Assured before the Commencement of Risk:
Return of single premium excluding taxes and extra premium, if any, without interest.
Maturity Benefits:
Sum Assured + Simple Reversionary Bonus + Final Additional Bonus.
Guaranteed Surrender Value:
1st Year:
70% of Single Premium excluding taxes and extra premium.
Thereafter:
90% of Single Premium excluding taxes and extra premium.
Special Surrender Value:
Discounted Value of sum assured and vested Simple Reversionary bonuses.
Loan
available after completion of one year.
Eligibility Criteria
Min.
Max.
Age
90 Days
65 Years
Term
10
25
Sum
50,000
No Upper Limit
Premium Modes
Single
Yearly Premium For 1000000 Sum Assured
Age
15 Years
20 Years
25 Years
25
611900
515650
437500
30
612600
517350
440900
35
614300
521000
447450
40
617650
527750
458350
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