Terms Plans

Amulya Jeevan Plan 923

LIC Term Plan- Amulya Jeevan (T-923) is a regular premium paying pure protection plan. This plan does not participates in profits of the organisation hence only mortality charges are taken as a premium.Cases of early age deaths are increasing day by day so LIC Term Plan is recommended to every family as this takes care of your family responsibility in case of any mishappening with you and in such cases the social life of your dependents does not spoil.

LIC Term Plan-Amulya Jeevan – USP’s

Let’s check some unique selling points of Amulya Jeevan Plan

  • This plan provides risk cover from as low as 25 Lacs to as high as your HLV.
  • It’s a protection plan which provides financial protection to the policyholder in case of any mishappening
  • This plan provides the financial protection up to the age of 70 years.
  • Tax benefit under section 80c is available up to 1, 50,000.
  • Loan and surrender value are not available under this plan as there is no saving element.
  • LIC Term Plan is best because of the Best Death Claim Payment Ratio from LIC.

Maturity Benefits:

  • On survival to the end of the policy term nothing shall be payable as this is a pure risk plan.

Death Benefits:

  • In case of unfortunate death of the policyholder during the policy term sum assured will be payable to the nominee.

Eligibility Criteria:

         Minimum Age to Apply                      18 Years (Completed)
         Maximum Age to Apply                 60 Years (Nearest Birthday)
                   Policy Term                             5 to 35 Years
      Maximum Risk Cover Age                  70 Years(Nearest Birthday)
          Premium Paying Mode                       Yearly and Half Yearly
                   Sum Assured   25,00,000- NO LIMIT ( in multiple of 1,00,000)