Eligibility Criteria
| Minimum | Maximum | |
| Entry Age | 30 Days Completed | 60 Years Nearer birthday under Option I |
| 40 Years Nearer birthday under Option II | ||
| Term | 5 Years | 20 Years |
| PPT | Single Premium | |
| Sum Assured | ₹ 1,00,000/- | No Limit |
Riders Available
LIC’s Accidental Death & Disability Benefit Rider
LIC’s New Term Assurance Rider
Death Benefit
| Option I | Higher of 1.25 times of Tabular Single Premium |
| or Basic Sum Assured | |
| Option II | 10 times of Tabular Single Premium |
Maturity Benefit
Sum Assured on Maturity along with accrued Guaranteed Additions.
Guaranteed Additions shall accrue at the rate of Rs. 85 per thousand of Basic Sum Assured at the end of each policy year.
Loan Facility is available during the policy term after 3 months from the completion of the policy.
Option to Surrender the Policy
The policy can be surrendered by the policyholder at any time during the policy term subject to realisation of cheque or premium payment.
On surrender of a policy, the Corporation shall pay the surrender value higher of…
Guaranteed Surrender Value & any accrued Guaranteed Additions
Or Special Surrender Value.
