Jeevan Lakshya Plan No 833

LIC’s New Plan  – Jeevan Lakshya (Plan No.833) Launching today 12 March 2015
with profit Endowment plan

•  Age : 18 to 50 yrs.
• Maturity Age : 65 yrs.
• Policy Term :13 to 25 yr
• Premium Term = Policy term minus 3 yrs.
• S.A. : Min 1 Lac & Max- No limit.
• Accident Rider (DAB): upto 1 Cr. (Over all limit)
• Term Rider: Min -Basic SA ,Max- 25 Lacs
• On Maturity : 110% SA + Bonus + FAB
• On Death :
  • 10% SA payable on every policy anniversary after Death till Maturity.
  • And on Maturity date again 110%SA + Bonus + FAB.
• Loan : After 3 Yrs.
• Tax Benefits : u/s 80c
• Maturity /Death claims: Tax free u/s 10 (10)D