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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.
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Dhan Sanchay
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New Money Back Plan 25 Years
New Money Back Plan
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New Pension Plus
SIIP
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New Endowment Plus
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Plan No. 845
Key Features:
Ideal for Savings and Retirement Planning
Avail benefit of Tax-Free Guaranteed Income of 8% for Lifetime
This plan offers whole life risk cover with Limited Payment Liability with loan facility after completion of 2 years
Discount offered in Premium for Higher Sum Assured
Sum Assured with Accumulated Bonus on Maturity
Back-dating Facility Available
Tax Benefit on Premiums paid u/s 80C
Tax-Free Maturity u/s 10 (10 D)
Additional Optional Benefits:
Accidental Death Benefit
Accidental Death & Disability Benefit
Additional Risk Cover Up to Rs.25 Lacs
Additional Payout In case of Any Critical Disease
Eligibility Criteria
Min.
Max.
Age
90 Days (Completed))
55 Years
Term
100 Years – Age
Premium Payment Term
15, 20, 25 & 30 Years
Sum Assured
2 Lacs
No Limit
Maturity Age
100 Years
Modes Available
Yearly, Half-Yearly, Quarterly & Monthly
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