Limited Premium Endowment Plan
A Limited premium paying conventional With-Profits Endowment Assurance plan.
Maturity Benefit: Basic Sum Assured + Vested Bonus + Final Additional Bonus.
Death Benefit: Sum Assured on Death + Vested Bonuses + Final Additional Bonus.
Sum Assured On Death is defined as the higher of 10 times of annualized Premium or 125% of the Basic Sum Assured.
Optional Benefit: LIC’s Accidental Death and Disability Benefit Rider.
Optional Benefit: LIC’s New Term Assurance Rider.
Loan: After payment of premiums for at least 2 full years.
| Eligibility Criteria | ||
|---|---|---|
| Min. | Max. | |
| Age | 18 | 62 |
| Term | 12 | 21 |
| PPT | 8 | 9 |
| Sum | 3,00,000 | No Limit |
| Premium Modes | Yly, Hly, Qly, Mly | |
| Yearly Premium For 1000000 Sum Assured | |||
|---|---|---|---|
| Age | 12/8 | 16/9 | 21/8 |
| 25 | 108373 | 84755 | 76572 |
| 30 | 108569 | 85098 | 77209 |
| 35 | 109059 | 85833 | 78532 |
| 40 | 110137 | 87303 | 80835 |
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Plan No.
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