LIC's New Anmol Jeevan - II - Plan No. 822

LIC’s Anmol Jeevan - II Plan - Table no. 822
UIN – 512N285V01

This is a Regular Premium paying conventional without profit pure protection plan.
Service tax applicable @ 12.36%

Eligibility conditions and restrictions:

1)  Minimum Age at entry for Life Assured  : 18 years (completed)

2) Maximum Age at entry for Life Assured  : 55 years (nearest B’day)

3) Minimum Policy Term                               : 5 years

4) Maximum Policy Term                              : 25 years (nearest B’day)

5) Maximum Cover Ceasing Age                   : 65 years (Nearest Birthday)

6) Premium payment mode                          : Yearly & Half-yearly

7) Minimum Sum Assured                             : Rs 6,00,000/-

8) Maximum Sum Assured                            : Rs 24,00,000/-

The Sum Assured shall be in multiples of Rs 1,00,000/-


Benefits payable only on Death

On death of Life Assured during the policy term, Sum Assured shall be payable. Whereas, no benefits shall be payable on survival to the end of the policy term.

NO PAID UP VALUE | NO SURRENDER | NO LOAN FACILITY

Revival

Revival of the lapsed policy can be done within the period of 2 consecutive years from the date of first unpaid premium and before the date of maturity, with or without any conditions laid down by LIC

Suicide Clause

This policy shall be void if Life Assured commits suicide within 12 months from the date of commencement of risk or date of revival, an amount equal to 80% of the premiums paid till the date of death (excluding taxes & extra premium), provided policy is in force, shall be payable. The corporation will not entertain any other claim under this policy.

Assignments & Nominations: As per old plan.

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