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LIC Amulya Jeevan Plan II (Plan no.823)
Term Insurance plan with conventional regular premium paying without-profit plans.
High Risk with low premium
Plan is Suitable for those looking for only Insurance cover
| Eligibility Conditions & Restrictions | ||
|---|---|---|
| Minimum age | : | 18 years (Completed) |
| Maximum age | : | 60 years |
| Maximum maturity age | : | 70 years |
| Minimum Sum Assured | : | Rs. 25 Lakhs |
| Maximum Sum Assured | : | NO LIMIT |
| Policy Term | : | 5 years to 25 years |
| Premium paying | : | Yearly / Half yearly |
| Loan | : | Not available |
| Surrender | : | Not applicable |
| On Death | : | Sum Assured |
| On Maturity | : | NIL |
| Income Tax Benefits | : |
(i) Premiums paid are eligible for Tax rebate u/s 80c (ii) Death claim is non-taxable u/s 10(10d) |
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