LIC Jeevan Labh
Category
: Life Insurance
Company
: LIC
Eligibility
: February 15, 2025
Rating
:
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Product Summary : Jeevan Labh Plan (736)
Jeevan Labh Plan (736) is a limited premium paying, non-linked, with-profits Endowment Assurance plan.
Premium Payment Mode:
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Yearly
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Half Yearly
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Quarterly
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Monthly (ECS)
Terms:
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16 Year
-
21 Year
-
25 Year
PPT:
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For Term 16 Year Ppt 10 year
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For Term 21 Year Ppt 15 Year
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For Term 25 Year ppt 16 year
Income Tax Benefit:
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Premium paid under this plan is eligible for TAX rebate under section 80c.
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Maturity under this plan is free under sec 10(10D).
Minimum Entry Age :
8 Year Completed
Maximum Entry Age :
59 Year (Nearest Birthday)
Minimum Sum Assured :
2,00,000
Maximum Maturity Age :
75 Year
Maximum Sum Assured :
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NO LIMIT (Depending upon Income)
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Maximum Accidental Death and Disability Benefit Rider up to age 70.
Policy Benefits On Death :
Basic Sum-Assured, OR 7 times of Annualized Premium, OR 105%of all Premiums paid as on death, WHICHEVER IS HIGHER.
On Survival :
On survival Basic Sum-Assured + Reversionary Bonus+ Final Additional Bonus.
Surrendered Value :
The Policy can be surrendered at any time during the policy term provided at least two full years premiums have been paid.
Loan :
Loan Facility is available under this plan, after payment of premiums for at least 2 full years.
Far far away, behind the word mountains, far from the countries Vokalia and Consonantia, there live the blind texts. Separated they live in Bookmarksgrove right at the coast
Far far away, behind the word mountains, far from the countries Vokalia and Consonantia, there live the blind texts. Separated they live in Bookmarksgrove right at the coast
Far far away, behind the word mountains, far from the countries Vokalia and Consonantia, there live the blind texts. Separated they live in Bookmarksgrove right at the coast