LIC Insurance Plan - Limited Premium Endowment (Plan No. 830)
LIC's Limited Premium Endowment Plan is a participating non-linked plan which offers a combination of protection and savings. This plan provides financial support for the family in case of unfortunate death of the policyholder any time before maturity and a lump sum amount at the time of maturity for the surviving policyholder. • Minimum Basic Sum Assured: Rs. 3,00,000/- • Maximum Basic Sum Assured: No Limit • Policy Term: 12 year or 16 year or 21 year • Premium Paying Term: 8 year or 9 year • Minimum Entry Age: 18 years (completed) • Maximum Entry Age: 62 years (nearer birthday) • Maximum Age at Maturity for Life Assured: 75 years • Mode of Premium Payment: Yearly, half-yearly, quarterly & monthly • Accidental Death & Disability Benefit Rider is available on payment of additional premium. LIC's Limited Premium Endowment Benefit Details...