LIC has specially designed a policy for women encouraging them to save for safety & security. This Policy provides for fund in times of need like education, marriage, sickness etc. 

Guaranteed Additions:

The Guaranteed Additions @ Rs.70/- per thousand sum assured for each year premium paid, will be payable with maturity or death claim. 

Loyalty Addition (Final Payment):

If the premiums are paid for at least 5 years, Loyalty Addition may become available along with the claim payment. Actual Loyalty Addition would depend on Corporation's working experience.

Encashment of Survival Benefit as and when needed:

The policyholder at her option may avail the survival benefit any time on or after its due date. If opted to avail later, increased survival benefit (increment @ 11 percent compounded yearly) will be payable.

Free Insurance Cover:

After two years premiums have been paid, whenever premium payment is discontinued, the risk cover for full sum assured will continue for 3 years from the due date of first unpaid premium.

Accident Benefit:

Accident benefit would be available under this policy and is admissible during the period of extended cover of 3 years also without any extra premium.

Flexibility in Premium Payment:

The policyholder can pay next premium in advance at her convenience, for which a rebate @ 10% will be available.

Pregnancy and Childbirth Risk is also covered (with some exceptions) without extra premium if the policy is in force.

Option for Annuity: 

The policyholder can opt for a pension (annuity) in lieu of the maturity amounts. (This option should be exercised 6 months before date of maturity). The annuity rates prevalent at the time of maturity will be applicable.

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