Lic Limited Payment Endowment Plan 830 Details

Lic Limited Payment Endowment Plan Table No 830 Details

CONDITIONS AND OTHER RESTRICTIONS:

Minimum Entry Age : 18 years completed

Maximum Entry Age : 62 years (age near birthday);

Maximum Maturity Age : 75 Years

Minimum Maturity Sum Assured : Rs.3 Lacs. Thereafter, in multiples of Rs.10000/-Maximum

Maturity Sum Assured : No Limit

Policy Term :12, 16, 21 years

Premium Paying Term : 8 & 9 yrs.

Maturity Sum Assured : Basic Sum Assured + Vested Bonus + FAB, if any;

Death Sum Assured : Sum Assured + VB + FAB, if any, where SA is defined as Higher of-10 times of Annualized Premium OR 125% of Basic Sum Assured OR 105% of all premiums paid;

Accident Benefit Rider :Optional rider with minimum Rs.10000/- & maximum up to Rs.1 Cr, subject to max SA;

Term Assurance Rider :Optional, with min Rs.1 Lac & max Rs.25 Lacs;

Mode Rebates :2% for Yearly & 1% for Half yearly;

High SA Rebates :5 Lacs to 9.90 Lacs=0.50% & 10 Lacs & above= 0.75%;

Revival of Lapsed policies :Within 2 years from date of FUP;

LIC New Limited Payment Endowment Plan Table No 830 Presentation

Lic New Limited Payment Endowment Plan Table No 830 Premium Calculator

Related Plans :  LIC New Endowment Plan Table No - 814