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Product Information
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.
Understand Life Insurance
Dhan Sanchay
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Bachat Plus
New Endowment Plan
New Jeevan Anand
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Cancer Cover
Jeevan Arogya
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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. 843
Exclusive endowment insurance plan specially designed for
MALE
lives without any medical test.
Ideal for Regular Savings & Life Cover.
Lowest premium
in its category.
Discount in Premium
for Higher Sum Assured
Life Cover to the extent
Basic Sum Assured + Loyalty Addition
(as applicable)
Auto Cover
- Life Cover continues for 2 years even if the premiums are in arrears.
Loan Available
after 2 Years.
On Maturity,
Sum Assured + Loyalty Addition
(as applicable) will be paid.
Can be easily aligned with your family objective with its
wide choice of term.
Policy commencement can be backdated
Double Accidental Death
Benefit is also available
Premium Paid are
eligible for tax savings
u/s 80 C
Maturity Amount is Tax Free u/s 10 (10) (D).
Eligibility Criteria
Min.
Max.
Age
8 Years (Completed)
55 Years (Nearest Birthday)
Term
10 Years
20 Years
Sum
Rs. 75,000/-
Rs. 3,00,000/-
Modes
Yearly, Half Yearly, Quarterly, Monthly
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