This plan was introduced
in Oct 92 by LIC and is
a modified version of other
money back plans offered
by LIC. The difference between
the other money back plans
and this plan is as follows
- Maturity
term is more than premium
paying term.
- Early
and higher rate of survival
benefit payment.
- Risk
cover increases every
five years.
Longer
policy terms & limited
premium paying terms as
under:
| Plan No.
|
Policy Term
|
Premium Paying
Term |
| 107
|
20
years |
15
years |
|
Full
sum assured is paid back
as survival benefit by
the end of premium paying
term. However, the risk
cover and additional risk
cover continue and the
policy participates in
profits until the end
of policy term.
Accident
Benefit is restricted
to the premium paying
period and to the overall
limit of Rs.5.00 lakhs
on a single life.
|
Back
|
|
