LIC's Single Premium Endowment Plan is a non-linked savings cum insurance plan.Under this plan no. 817, the entire premium can be paid just once at the start of the policy. Lic Single Premium Endowment Policy plan no. 817 is an endowment policy where Sum assured along with Bonus and Final additional bonus will be paid to the policyholder, at the end of the policy term or policy period.
Key Benefits of Anmol Jeevan:
Single Premium Policy with Profit plan.
Minimum age at entry is 90 days.
Large Sum Assured is available under this plan.
Loan available after completion of one year.
High Bonus, High Liquidity, and Saving point.
Eligibility Conditions | |
---|---|
Minimum Age at Entry | 90 Days (Completed) |
Maximum Age at Entry | 65 Years (Nearest Birthday) |
Maturity Age | 18 Years to 75 Years |
Policy Term | 10 Years to 25 Years |
Minimum Sum Assured | 50000/- |
Maximum Sum Assured | No Limit (sum assured multiple in 5000/-) |
Policy Mode | Single Premium |
High Sum Assured Rebate (per thousand) |
50,000 to 95,000 -- NilNil 1,00,000 to 1,95,000 -- 18% on B.S.A. 3,00,000 to 4,80,000 -- 20.00% on B.S.A. 5,00,000 and above -- 25.00 on B.S.A |
Loan | Available after completion after 3 month of the policy |
Surrender | Allowed after 3 year |
Maturity Benefits:
On survival of the Life Assured to the end of policy term
Maturity benefit = Sum Assured + vested Simple Reversionary Bonuses + Final Additional Bonus, if any.
Death Benefit:
On death during the policy term before the date of commencement of risk:
If the insured dies before the date of commencement of risk, the single premium shall be refunded without interest, Service tax and extra premium will be excluded.
On death during the policy term after the date of commencement of risk:
If the policyholder dies after the date of commencement of risk, the Sum Assured along with vested Simple Reversionary Bonuses and Final Additional Bonus, if any shall be payable.
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)
Comments (Ask An Experts)