New Plans Name – BIMA DIAMOND PLAN, Table No 841
BIMA Diamond Plan Features – It’s thrice as nice, With Triple Advantage
- Money Back – Every 4th Year
- Extended Protection – Half of the Policy Term after lapsation of Policy Term
- Auto Cover Option – On a policy of at least 5 full years on which subsequent premium is not dully paid, Auto Cover period of 2 years available.
- Minimum Sum Assured – 1,00,000 (1 lac)
- Maximum Sum Assured – 5,00,000 (5 Lacs)
- Premium Paying Term – 16/10, 20/12, 24/15
- Minimum Age at Entry – 14 Years Completed
Launching the “Bima Diamond plan” on the occasion of the 60th year/Diamond Jubilee celebrations of LIC
LIC launches new plan table no. 841
*BEEMA DAIMOND PLAN FEATURES & Details*
Minimum SA. – 1 Lac
Maximum SA. – 5Lac
Minimum age – 14 yrs Completed
Max age – 50 years
Free extended cover is half of the term
Policy Term
16 yrs PPT is 10 yrs
20 yrs PPT is 12 yrs
24 yrs PPT is 15 yrs
Survival Benefit:
15% at 4th, 8th, 12th year for term 16 years.
15% at 4th, 8th, 12th, 16th year for term 20 years.
12% at 4th, 8th, 12th, 16th, 20th year for term 24 years.
Maturity: Sum Assured less Survival benefits with Loyalty Addition.
Death Benefit:
First 5 years – Sum Assured
After 5 years – Sum Assured + Loyalty addition.
Extended Cover after Maturity:
8 years for 16 years term policy
10 years for 20 years term policy
12 years for 24 years term policy
Loan: Available
Auto Cover: For 3 to 5 years premium paid – 6 months from FUP
*Note* This plan is available up to 31.8.17 only.
For more than 5 years premium paid – 2 years from FUP.
Accident rider, Term rider & Disability benefit rider available.
Bima Diamond Plan 841 Premium Chart
Bima Diamond 841
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