LIC’s Health Protection Plus Table No. 902

LIC’s Health Protection Plus (Table No. 902):

A whole life unit linked health insurance plan which provides for insurance cover against health risks up to age 75 years and Domiciliary Treatment Benefit/out patient Department expenses reimbursement till the unit fund exhausts. Also, premiums up to a limit are eligible for income tax relief u/s 80D.

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LIC's Specific Plans for Children

Plans for Children:

a) Children Deferred Endowment Assurance (Table no. 41 & 50).

b) Komal Jeevan (Table No. 159).

c) Jeevan Kishore (Table No. 102).

d) Jeevan Chhaya (Table No. 103).

e) Jeevan Anurag (Table No. 168).

f) Child Future Plan (Table No. 184).

g) Child Career Plan (Table No. 185).

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Term Assurance Plans of LIC

Term Assurance Plans:

a) Temporary Assurance (Table No. 43):
It is a term assurance plan which provides risk cover for a short period of two years or less.

b) Mortgage redemption Assurance (Table No. 52):
Decreasing term assurance policy to meet the requirements of borrowers, where the death benefit is the outstanding loan amount.

c) Convertible Term Assurance (Table No. 58):
It is a term assurance plan with an option to convert the policy to whole life limited payment assurance or endowment assurance at any time during the specified term, without undergoing fresh medical examination.

d) LIC’s Anmol Jeevan – 1 (Table No. 164):
A term assurance plan where one can choose any term from 5 to 25 years. It provides for payment of the sum assured on death of the life assured during the term of the policy.

e) LIC’s Amulya Jeevan – 1 (Table No. 190):
A term assurance plan with a minimum sum assured of Rs 25 lakhs.

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