LIC's SINGLE PREMIUM ENDOWMENT PLAN – Plan no-817

LIC's SINGLE PREMIUM ENDOWMENT PLAN – Plan no-817

 

 

S~ Single Premium -One time investment.
P~ Protection -Risk Cover
for full Sum Assured.
E~ Excellent for meeting educational needs of young ones.
C~ Children from the age of 90 days can be covered.
I~ Ideal for investment planning-Wide range of policy term.
A~ Attractive - participates in profits.
L~ Liquidity through Loan available after one year.

 

Maturity Benefits:
On maturity Sum assured along with Bonus and Final Additional Bonus(if any) will be
paid.

Death Benefits:
(A) After commencement of Risk : Sum assured along with Bonus and Final Additional
Bonus(if any) will be paid to nominee.
(B) Before commencement of Risk: Single premium paid is returned. Risk will commence
in case the age at entry of Life Assured is less than 8 years, either 2 years from the DOC
OR policy anniversary after completion of 8 years of age whichever is earlier. For others
risk shall commence immediately.

Plan Parameters:

 

 



Note:

LIC introduced few more Plans fore details check the below link

LIC's NEW ENDOWMENT PLAN – Plan no-814
LIC's NEW JEEVAN ANAND PLAN – Plan no-815
LIC's NEW BIMA BACHAT PLAN – Plan no-816
LIC's SINGLE PREMIUM ENDOWMENT PLAN – Plan no-817
LIC's NEW MONEY BACK PLAN – Plan no-820
LIC's NEW MONEY BACK PLAN – Plan no-821