LIC JEEVAN SUGAM (PLAN No. 813)
LIC JEEVAN SUGAM (PLAN no 813) is a Single Premium Non-Linked Plan. LIC JEEVAN SUGAM has high level of death cover during the policy term. LIC Jeevan Sugam is a closed ended plan which would be open for sale from 25th FEB 2013 for maximum period of 45 days.
LIC JEEVAN SUGAM MATURITY CHART ADDED AT THE END
LIC JEEVAN SUGAM PREMIUM CHART ADDED AT THE END
Benefits payable on death :
On death during first five policy years:
Basic Sum Assured payable immediately on death i.e. 10 times of single premium excluding extra premium.
On death after completion of five policy years:
Basic Sum assured i.e. 10 times the single premium excluding any extra premium charged + loyalty addition
- Loan available at any time during the policy term under this plan subject to realization of the premium cheque up to a maximum of 60% of Surrender Value.
- The rate of interest 10.25% p.a compounding half-yearly and the same would be subject to review from time to time
- No foreclosure action applicable
Also click to read LIC NEW JEEVAN NIDHI ( Best Pension Plan from LIC)
LIC JEEVAN SUGAM POLICY MATURITY IS AFTER 1o years