Jeevan Lakshya

Jeevan Lakshya

"In case you are not there to hold him make sure you leave a safety net for him"

Benefits:

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

How does this policy work ?

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)