G Raghavendra Prasad

Development Officer

Authorised Officer for Agents Recruitment, Training & Business Development

Contact No: +91 9618634105

Limited Payment Endowment Plan

LIC Hyderabad Online

Plan: Limited Premium Endowment(830)
LIC Limited Premium Endowment Plan (830) is a limited premium paying conventional With-Profits Endowment Assurance Plan.

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

Term :
12 Year
16 Year
21 Year 

PPT* :
8 Year
9 Year

Minimum Entry Age :
18 Year Completed

Maximum Entry Age :
62 Year (Nearest Birthday)

Maximum Maturity Age :
75 Year

Minimum Sum Assured :

Maximum Sum Assured :
NO LIMIT (Depending upon Income)
Maximum Accidental Death and Disability Benefit Rider up to age 70.

Policy Benefits :
On Death :
125%of Basic Sum-Assured + Reversionary Bonus+ Final Additional Bonus.

On Survival :
On survival Basic Sum Assured + Reversionary Bonus+ Final Additional Bonus.

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

Loan :
Loan Facillity is available under this plan, after payment of premiums for at least 2 full years.

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).

Limited Payment Eendoment Plan