G Raghavendra Prasad

Development Officer

Authorised Officer for Agents Recruitment, Training & Business Development

Contact No: +91 9618634105

Jeevan Rakshak

LIC Hyderabad Online

Plan : Jeevan Rakshak(827)
This is a regular premium paying Non-linked, With-Profits, Endowment Assurance plan.This plan shall be available to standard lives only without any medical examination and the total Sum Assured under all the policies issued to an Individual under this plan shall not exceed Rs. 2 lacs.

Premium Payment Mode:
Yearly, Halfly, Quarterly, Monthly(NACH)/ SSS

Term :
10 to 20 Years

Minimum Entry Age :
8 Year Completed

Maximum Entry Age :
55 Year (Nearest Birthday)

Maximum Maturity Age :
70 Year

Minimum Sum Assured :

Maximum Sum Assured :

Maximum Accidental Death and Disability Benefit Rider up to age 70.

Policy Benefits :
On Death :
On death of the Life Assured during the policy term " Sum Assured on Death "
Where sum assured on death is Basic Sum Assured
In addition to the above, Loyalty Addition, if any, shall also be payable if death occurs after completion of 5th policy year.

On Survival :
On survival to the end of the policy term Basic Sum Assured along with Loyalty Addition, if any,shall be payable.

Surrendered Value :
The policy can be surrendered at any time during the policy term provided atleast three full years premiums have been paid.

Loan :
Loan facility is available under this plan,after payment of premiums for at least 3 full years subject to following conditions :

Income Tax Benefit :
• Premium paid under this plan is eligible for TAX rebate under section 80c.
• Maturity under this plan is free under sec 10(10D).

jeevan rakshak