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Lic's Jeevan Aastha Lic Agent Chennai/9940240384

LIC's Jeevan Aastha is a single premium assurance plan which offers guaranteed benefits on death and maturity.

Eligibility conditions and other restrictions Minimum Entry Age : 13 years (completed) Maximum Entry Age : 60 years (nearest birthday) Minimum Basic Sum Assured: Rs.1,50,000 Maximum Basic Sum Assured: No Limit The basic sum assured shall be available in multiples of Rs.

30,000.

Policy Term : 5 or 10 years Premium payment mode : Single premium only Loan Loan facility will be available to you under this plan, after completion of one policy year.

Surrender value The policy can be surrendered for cash after the policy has run for at least one year.

The minimum Guaranteed Surrendered Value allowable is equal to 90% of the Single premium paid excluding all extra premiums.

Corporation may however pay Special Surrender value as applicable on the date of surrender provided the same is higher than the guaranteed Surrender Value.

The Special Surrender Value will be the discounted value of the Maturity Sum Assured and Guaranteed Additions accrued as on date of surrender.

Maturity Benefit: On maturity, the maturity Sum Assured along with Guaranteed Addition and Loyalty Addition, if any, shall be payable.

Maturity Sum Assured shall be 1/6th of Basic Sum Assured.

C)Guaranteed Addition: The policy provides for Guaranteed Addition at the following rates: Rs.

100 per thousand Maturity Sum Assured per year for a policy of 10 years term.

Rs.

90 per thousand Maturity Sum Assured per year for a policy of 5 years term.

D)Loyalty Addition: Depending upon the Corporation's experience the policy will be eligible for Loyalty Addition on death during the last policy year or on the Life Assured surviving the stipulated date of maturity at such rate and on such terms as may be declared by the Corporation LIC Agent -9940240384(Anywhere in Chennai)ARE YOU LOOKING FOR GOOD INVESTMENT CONSULTANT?

E-mail: hari4201@gmail.com

Telephone: -9940240384

Created by: earl | Created at: 07:14 AM
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