LIC’s NEW ENDOWMENT PLAN (UIN: 512N277V02) (Plan No.914) - LIC இன் புதிய எண்டோவ்மென்ட் திட்டம் (UIN: 512N277V02) (திட்டம் எண்.914)
LIC’s NEW ENDOWMENT PLAN (UIN: 512N277V02) (Plan No.914) LIC's New Endowment Plan is a Non-Linked, Participating, Individual, Life Assurance plan which offers an attractive combination of Risk cover and saving features. Eligibility Conditions: a) Minimum Age at entry: 8 years (completed) b) Maximum Age at entry: 55 years (nearer birthday) c) Minimum Maturity Age: 20 Years d) Maximum Maturity Age: 75 years (nearer birthday) e) Minimum Basic Sum Assured: Rs. 100,000 f) Maximum Basic Sum Assured: No Limit (The Basic Sum Assured shall be in multiples of Rs. 5000/-) g) Minimum Policy Term: 12 years h) Maximum Policy Term: 35 years i) Premium Paying Mode: Yearly, Half-yearly, Quarterly, Monthly NACH only, SSS Benefits to Policyholders: A.Risk Cover: Sum Assured on Death along with vested Simple Reversionary Bonuses and final additional bonus if any. Sum Assured on Death is higher than the Basic Sum Assured or 7 times of annualized premium. This death benefit shall not be less than 1
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