LIC's Aadhaar Shila plan is a non-linked,with profits, regular premium paying Endowment Plan. Offering a combination of protection and savings. This plan is exclusively designed for female lives having Aadhaar Card issued by UIDAI (Unique Identification Authority of India).This plan shall only be available for standred healthy lives without any medical examination.
Eligibility Criteria | |
---|---|
Gender | Female Only |
Minimum Age at Entry | 8 Years (Completed) |
Minimum Age at Entry | 8 Years (Completed) |
Maximum Age at Entry | 55 Years(Nearest Birthday) |
Maximum Maturity Age | 70 Years(Nearest Birthday) |
Policy Term | 10 Years to 20 Years |
Minimum Sum Assured | 75000/- |
Maximum Sum Assured | 300000/- |
Policy Mode | Yearly, Half-Yearly, Quaterly, Monthly (NACH only) |
Rebate Of Mode Of Premium | Yearly-2% Half-Yearly-1% Quaterly & Monthly-Nil |
High Sum Assured Rebate | 75,000 to 1,90,000 - Nil 2,00,000 to 2,90,000 - 2% on B.S.A. 3,00,000 - 3% on B.S.A |
Loan | After payment of premiums for at least 3 full years |
Surrender | Allowed after 3 year |
Revival | Within 2 Years of lapse |
Death benefit:
On death of the Life Insured during first five years: “Sum Assured on Death” shall be payable.
On death of the Life Insured after completion of five policy years but before the date of maturity: “Sum Assured on Death” and Loyalty Addition, if any, shall be payable.
Where “Sum Assured on Death” is defined as the highest of 10 times of annualised premium; or Sum Assured on Maturity as defined in 1. b) below; or Absolute amount assured to be paid on death, i.e. 110% of Basic Sum Assured.
The death benefit shall not be less than 105% of all the premiums paid as on date of death.
Maturity Benefit:
If the Life Assured survives till the end of the policy term, “Sum Assured on Maturity” along with Loyalty Addition, if any will be payable to the Life Assured.
Related Links
Aadhaar Shila Plan (TABLE NO. 844)
New Endowment Plan (Table No. 814)
Jeevan Labh Plan (Table No. 836)
Jeevan Lakshaya Plan/Kanyadaan Plan (Table No. 833)
Aadhaar Stambh Plan (Table No. 843)
New Jeevan Anand Plan (Table No. 815)
Jeevan Pragati Plan (Table No. 838)
Limited Premium Endowment Plan (Table No. 830)
New Money Back Plan (Table No. 820)
LIC New Money Back Plan 25 Years (Table No. 821)
LIC Children Money Back Plan( Table No. 832)
LIC Jeevan Shiromani Plan
( Table No. 847)
Jeevan Umang Plan (Table No. 845)
New Jeevan Anand Plan (Table No. 815)
Jeevan Akshay (VI) (Table No. 189)
Pradhan Mantri Vaya Vandana Yojana (Table No. 842)
LIC Children Money Back Plan ( Table No. 832)
LIC Jeevan Tarun Plan (Table No. 834)
Jeevan Utkarsh (Table No. 846)
Single Premium Endowment Plan (Table No. 817)
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