Good evening friends. Happy to announce NEW PLAN from LIC LIMITED PREMIUM ENDOWMENT PLAN (Table No.830) With Profit getting launch tomorrow. Summary and benifit as given below . ⛳Grand Launching on 9th Dec 2014; ⛳Minimum age at entry= 18yrs completed; ⛳Maximum age at entry= 62yrs (age near birthday); ⛳Maximum exit age= 75 yrs; ⛳Policy Term= 12 yrs/ 16 yrs/ 21 yrs; ⛳Premium Paying Term= 8 & 9 yrs; ⛳Minimum Sum Assured= Rs.3 Lacs. Thereafter, in multiples of Rs.10000/-; ⛳Maximum Sum Assured= No limit; ⛳Maturity Sum Assured= Basic Sum Assured + Vested Bonus + FAB, if any; ⛳Death Sum Assured= Sum Assured + VB + FAB, if any, where SA is defined as Higher of- 10 times of Annulized Premium OR 125% of Basic Sum Assured OR 105% of all premiums paid; ⛳Accident Benefit Rider= Optional rider with minimum Rs.10000/- & maximum upto Rs.1 Cr, subject to max SA; ⛳Term Assurance Rider= Optional, with min Rs.1 Lac & max Rs.25 Lacs; ⛳Mode Rebates= 2% for Yly & 1% for Hly. This is a very beautifully designed product, for a people who is not too keen on paying premium for a longer duration, but yet want to have a risk cover for a substantially longer period. Let us know for more information. We are happy to meet you and explain you. Regards kaushal Mehta ( [email protected] )
Posted on: Mon, 08 Dec 2014 16:34:23 +0000
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