LIC e Term Features

LICs e Term Features (UIN: 512N288V01)
LIC’s e-TERM PLANKey Features :
Available through Online mode (www.licindia.in)
Pure Term plan
Differential premium rates for Smoker/Non-Smoker lives
Proposal on own life ONLY will be considered
Key Benefits :
Death Benefit – Sum Assured payable on death
Maturity Benefit – Not available

Eligibility conditions :

Minimum Sum Assured : Rs.25,00,000 for Aggregate category
Rs.50,00,000 for Non-smoker category

Maximum Sum Assured : No limit
Minimum age at entry : 18 years (completed)
Maximum age at entry : 60 years (nearest birthday)
Maximum cover : 75 years (nearest birthday)ceasing age
Minimum policy term : 10 years
Maximum policy term : 35 years
Mode of payment : Yearly

1 comment: