Jeevan Lakshya
Policy Benefits as per your Savings
Jeevan Lakshya Plan is Ideal for – Child Education and Marriage
Save ₹2000 per Month
- TERM: 22 Years
- BENEFITS: Rs. 14,30,000/- TAX FREE AT AGE 50
- SAVE TAX OF Rs. 1,44,056/- OVER 22 YEARS
- SPECIAL FEATURE IN CASE OF DEATH Rs. 5,50,000 /- IS GIVEN IMMEDIATELY (IF ACCIDENTAL)
- Rs. 55,000/- EVERY YEAR TILL MATURITY
- Rs. 1,48,5000/- ON MATURITY
- IDEAL FOR CHILD EDUCATION AND MARRIAGE
Save ₹4000 per Month
- TERM: 22 Years
- BENEFITS: Rs. 28,60,000/- TAX FREE AT AGE 50
- SAVE TAX OF Rs. 2,90,950/- OVER 22 YEARS
- SPECIAL FEATURE IN CASE OF DEATH Rs. 11,00,000/- IS GIVEN IMMEDIATELY (IF ACCIDENTAL)
- Rs. 1,10,000/- EVERY YEAR TILL MATURITY
- Rs. 29,70,000/- ON MATURITY
- IDEAL FOR CHILD EDUCATION AND MARRIAGE
Save ₹8000 per Month
- TERM: 22 Years
- BENEFITS: Rs. 57,20,000/- TAX FREE AT AGE 50
- SAVE TAX OF Rs. 5,81,812/- OVER 22 YEARS
- SPECIAL FEATURE IN CASE OF DEATH Rs. 22,00,000/- IS GIVEN IMMEDIATELY (IF ACCIDENTAL)
- Rs. 2,20,000/- EVERY YEAR TILL MATURITY
- Rs. 59,40,000/- ON MATURITY
- IDEAL FOR CHILD EDUCATION AND MARRIAGE
Policy Details
Policy Type: Investment Plan
Policy Information:
LIC’s Jeevan Lakshya Plan is a limited premium paying term conventional With-Profits Endowment Assurance plan where premium paying term is less than policy term by three years.
Policy Highlights:
- Minimum Basic Sum Assured: 1,00,000/-
- Maximum Basic Sum Assured: No Limit
- Minimum Policy Term: 13 years
- Maximum Policy Term: 25 years
- Minimum Entry Age: 18 years (completed)
- Maximum Entry Age: 50 years (nearer birthday)
- Maximum Age at Maturity for Life Assured: 65 years
- Mode of Premium Payment: Yearly, Half-yearly, Quarterly & Monthly
- Accidental Death & Disability Benefit Rider is available on payment of additional premium.
2Policy Benefits:
• On Death during the policy term:
“Sum Assured on Death + Bonuses & Final Additional Bonus”
• Annual Income Benefit equal to 10% of the Basic Sum Assured (till policy anniversary prior to date of maturity)
• Assured Absolute Amount of 110% of Basic Sum Assured, payable (on due date of maturity). Along with Bonuses & Final Additional Bonus, if any, on maturity. (on due date of maturity)
• On Survival: On survival Basic Sum Assured + Vested Bonus + FAB if any.
• Surrendered Value: The Policy can be surrendered at any time during the policy term provided at least 2 full years premiums have been paid.
Loan on Policy:
- Loan Facillity is available under this plan, after payment of premiums for at least 2 full years.
Income Tax Benefits:
- Premium paid under this plan is eligible for TAX rebate under section 80c.
- Maturity under this plan is free under sec 10(10D)
Book Policy Online
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5 Easy steps – Policy Booking Process
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Fill the 'Book Policy Online' Form
Fill the ‘Book Policy Online’ form by providing your necessary information & select the policy.
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Form Filling & Document Verification
Our LIC Agent will fill the form for you. Document Verification will be done online. Or you can visit our LIC Branch for document verification.
Pay the First installment of premium
Pay the first instalment of your policy premium to the LIC Bank account. Our Agent will verify your payment and send you the payment receipt.
Your Policy is registered!
After the successful payment, your policy will be registered & you will receive the policy documentation from LIC.
Enjoy the policy benefits!
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