
 
  - 	LIC’s new endowment plan which gives the individual, life assurance along with 
savings. 
 
   - 	The risk coverage under this plan enhances every year as LIC declared the bonuses. 
However, the premium does not change.
 
   - 	The customer gets the tax-free maturity under this plan which includes the bonus 
also along with Sum Assured.
 
   - 	This plan has an option of choosing the Accidental Life cover, Disability Benefit & 
Critical illness cover.
    
   - 	In case of a minor, this plan also has the premium waiver benefit in case of death of 
the parent.
 
   - This plan also has the option of taking the Maturity proceeds in instalments as the 
policy-holder can choose the no of year as 5, 10 or 15.
 
    - 	In a similar way, the policyholder also has the option of choosing the death benefit in 
instalments.
 
	 - LIC also offer the discount in the premium in case the mode of payment is Yearly.
 
	  - 	The loan is also available to the policyholder after the completion of 2 years of the 
policy.
 
- Settlement option avilable on Maturity and Death   in Installments of 5,10 or 15 Years
 	  
   
   
		
 
How Does This Policy Work
Sample illustration
  
    | Eligibility Criteria | 
  
  
    |   | 
    Min. | 
    Max. | 
  
  
    | Age | 
    8 Years (Completed)  | 
    55 Years (Nearest Birthday)  | 
  
  
    | Policy Term | 
    12 Years  | 
    35 Years | 
  
  
    
    | Premium Payment Term | 
    Same as Policy Term  | 
     | 
  
   
   
    | Basic Sum Assured | 
    Rs. 1 Lac | 
    No Limit | 
  
  
    | Maximum Maturity Age | 
    75 Years (Near Birthday) | 
  
  
  
    | Rider | 
    LIC’s NEW CRITICAL ILLNESS BENEFIT RIDER(CIR) | 	
	
  
  
    | Rider | 
    LIC's  ACCIDENTAL DEATH AND DISABILITY  BENEFIT RIDER | 	
  
  
    | Rider | 
    LlC's ACCIDENT BENEFIT RIDER | 	
  
  
    | Rider | 
    LIC’s PREMIUM WAIVER BENEFIT RIDER (PWB) - If life assured is Minor | 	
  
  
    | Rider | 
    LIC's NEW TERM ASSURANCE  RIDER (TR)  |