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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
Saral Jeevan Bima
Bachat Plus
New Endowment Plan
New Jeevan Anand
Aadhaar Stumb
Jeevan Labh
Aadhaar Shila
Jeevan Lakshya
Single Payment Endowment
Bima Jyoti
Jeevan Tarun
Jeevan Lakshya
New Children’s Money Back Plan
Jeevan Umang
New Jeevan Anand
Saral Pension
Jeevan Akshay- VII
Jeevan Shanti
Cancer Cover
Jeevan Arogya
Jeevan Amar
Jeevan Umang
Bima Shree
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
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Plan No. 846
Closes on 31st March 2018
Key Features:
Jeevan Utkarsh Plan Launched by LIC of India is available only for limited period
It is the best plan suited for gifting
In this plan, the policy holder gets the additional life cover of 25% of Sum Assured without paying any extra cost
The policy holder gets the Sum Assured along with Loyalty Bonus at the time of Maturity
In this Plan, the Loan is available after the completion of 3 Months
The policy holder has an option of taking the Maturity Benefit in instalments.
LIC also gives the discount in premium in case the sum assured is more than 5 Lacs
The policy can also be back-dated within the same financial year
There is an additional benefit of Accidental Death and Disability available under this plan.
The policy holder will get the tax benefit u/s 80C and 10 (10D)
Eligibility Criteria
Min.
Max.
Age
6 Years (Completed)
47 Years
Term
12 Years
Premium Payment Term
Single
Sum Assured
Rs.75,000
No Limit
Modes Available
Single Premium Payment Only
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