LIC's Jeevan Lakshya Plan | | एलआईसी जीवन लक्ष्य (Table no. 833)

LIC's Jeevan Lakshya is a participating non-linked plan which offers a combination of protection and savings. This plan provides for Annual Income benefit that may help to fulfill the needs of the family, primarily for the benefit of children, in case of unfortunate death of Policyholder any time before maturity and a lump sum amount at the time of maturity irrespective of survival of the Policyholder. This plan also takes care of liquidity needs through its loan facility. Benefits: Death Benefit: On death of the Life Assured before the stipulated Date of Maturity provided the policy is in full force by paying upto-date premiums, Death Benefit, defined as sum of “Sum Assured on Death”, vested Simple Reversionary Bonuses and Final Additional Bonus, if any, shall be payable. Where “Sum Assured on Death” is defined as the sum of: Annual Income Benefit equal to 10% of the Basic Sum Assured, which shall be payable from the policy anniversary coinciding with or following the date of death of Life Assured, till the policy anniversary prior to the date of maturity. Assured Absolute Amount equal to 110% of Basic Sum Assured, which shall be payable on due date of maturity; and The vested Simple Reversionary Bonuses and Final Additional Bonus, if any, included in the Death Benefit, shall be payable on due date of maturity. The Death Benefit defined above shall not be less than 105% of all the premiums paid as on date of death. Premiums referred above exclude tax, extra premium and rider premium(s), if any. Maturity Benefit: “Sum Assured on Maturity” equal to Basic Sum Assured, along with vested Simple Reversionary bonuses and Final Additional bonus, if any, shall be payable in lump sum on survival to the end of the policy term provided all due premiums have been paid. Participation in Profits: The policy shall participate in profits of the Corporation and shall be entitled to receive Simple Reversionary Bonuses declared as per the experience of the Corporation, provided the policy is in full force. In case of death under a policy which is in full force, the policy shall continue to participate in profits upto the date of maturity and the entire vested Simple Reversionary Bonuses and Final Additional Bonus, if any, shall be payable on due date of maturity. Hence, the Simple Reversionary Bonus and Final Additional Bonus, if any, shall be payable under the policy on due date of maturity irrespective of survival of the Life Assured. In case the premiums are not duly paid (except in case of death of the Life Assured under inforce policy), the policy shall cease to participate in future profits irrespective of whether or not the policy has acquired paid up value. However, the policy shall be considered as inforce on death during the grace period. Final Additional Bonus shall not be payable under reduced paid-up policies. Optional Benefits: The policyholder has an option of availing the following Rider benefit(s): LIC’s Accidental Death and Disability Benefit Rider (UIN: 512B209V01) LIC’s New Term Assurance Rider (UIN: 512B210V01) Rider Sum Assured cannot exceed the Basic Sum Assured. Please click on below link to view LIC's best plan combinations: https://santoshambre.wordpress.com/ https://santoshambre.blogspot.com Please watch : LIC'S BEST COMBINATION PLANS LIC ‎जीवन साथी प्लान || Jeevan Sathi Plan : /watch/UwdL7TiSmA6SL LIC's Best Short Term Investment Plan : /watch/ki6uH2Tcz6Fcu LIC's FD (Fixed Deposit) : /watch/MmsVjVczVJ8zV LIC's Estate Creation Plan : /watch/sXMdIiFuAYPud LIC's CHILD MARRIAGE PLAN : /watch/wMLiHzpuzxdui Crorepati with LIC || करोड़पति प्लान : /watch/UeGvCDRTyATTv LIC's Bal Upahar Plan : /watch/EFci8vn1Lso1i LIC'S Jeevan Rakshak 827 : /watch/EvzHOkHruSLrH LIC Jeevan Lakshya 833 : /watch/0_BBbICE6WcEB LIC's New Bima Shree Plan : /watch/4f_Yxcn-EO3-Y LIC CANCER INSURANCE POLICY 905 : /watch/UmMvjPo1GZI1v Fixed Deposit Scheme FD : /watch/0kLJh646v136J LIC's Money Back Plan Table No. 820 : /watch/omfgHTZanEVag LIC's Jeevan Labh Plan 836 : /watch/YFyChit2xdI2C LIC Kanyadan Policy : /watch/E_qOUniNwr-NO LIC Children Plans : /watch/wJBFlN3sO4PsF LIC's Bima Bachat Plan 816 : /watch/Mw5NoFH64Ov6N LIC's New Bima BAchat Plan : /watch/Q3Zb1ywTb3NTb LIC's JEEVAN UMANG 845 : /watch/wyYCUpmDyNLDC Jeevan Labh Table No. 836 : /watch/sXSeSsV59r05e LIC Children Money Back Plan no. 832 : /watch/UQYhXXqLql5Lh LIC JEEVAN TARUN Plan 834 : /watch/su7r9XisTccsr LIC's New Jeevan Anand : /watch/ghbKOEjusG9uK LIC's Jeevan Lakshya Plan 833 : /watch/YRQQvsSRgJtRQ LIC's Single Premium Pension Plan 189 : /watch/Ee7cCjt88BG8c LIC Endowment Plan No. 814 : /watch/4p6ucFsuY94uu

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