"In case you are not there to hold him make sure you leave a safety net for him"
Jeevan Lakshya is the ideal plan to protect your goals & needs as this plan offers the regular income to the family in case of an unfortunate event
In case of any unfortunate event premium ceases & Annual Income Benefit is paid to the family every year till maturity which is 10% of Sum Assured. On Maturity, 110% of Sum Assured is paid along with vested Bonus & final bonus, if any
The benefits under this plan are tax-free
This plan has an option of choosing the Accidental Life cover, Disability Benefit & Critical illness cover
This plan also has the option of taking the Maturity proceeds in instalments as the policy-holder can choose the no of year as 5, 10 or 15.
In a similar way, the policyholder also has the option of choosing the death benefit in instalments
LIC also offer the discount in the premium in case the mode of payment is Yearly
The loan is also available to the policyholder after the completion of 2 years of the policy
Settlement option available on Maturity and Death in Installments of 5,10 or 15 Years
| Eligibility Criteria | Minimum | Maximum |
|---|---|---|
| Age | 18 Years (Last Birthday) | 50 Years (Near Birthday) |
| Policy Term | 13 Years | 25 Years |
| Premium Payment Term | Policy Term - 3 Years | Policy Term - 3 Years |
| Basic Sum Assured | Rs.1 Lac | No Limit |
| Maximum Maturity Age | 65 Years (Nearer Birthday) | 65 Years (Nearer Birthday) |
| Rider | LIC’s NEW CRITICAL ILLNESS BENEFIT RIDER(CIR) | LIC’s NEW CRITICAL ILLNESS BENEFIT RIDER(CIR) |
| Rider | LIC's ACCIDENTAL DEATH AND DISABILITY BENEFIT RIDER | LIC's ACCIDENTAL DEATH AND DISABILITY BENEFIT RIDER |
| Rider | LlC's ACCIDENT BENEFIT RIDER | LlC's ACCIDENT BENEFIT RIDER |
| Rider | LIC's NEW TERM ASSURANCE RIDER (TR) | LIC's NEW TERM ASSURANCE RIDER (TR) |