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LIC Limited Premium Endowment Plan
This is a Limited Premium paying Non-linked, Conventional with-profit Endowment Assurance plan.
| Eligibility Conditions & Restrictions | ||
|---|---|---|
| Minimum age | : | 18 years (Completed) |
| Maximum age | : | 62 years |
| Maximum maturity age | : | 75 years |
| Policy Term | : | 12 years / 16 years / 21 years |
| Premium paying term | : | 8 years / 9 years |
| Minimum Sum Assured | : | Rs.3,00,000 |
| Maximum Sum Assured | : | No limit |
| Premium payment | : | Yearly / Half yearly / Quarterly / Monthly (Thru Bank) |
| Loan | : | Eligible after 3 years |
| Surrender | : | Eligible after 3 years |
| On Death | : | Sum Assured + Bonus |
| On Maturity | : | Sum Assured + Bonus |
| Income Tax Benefits | : | Premiums paid are eligible for tax rebate under section 80c |
LIC Premium Calculator
Online Calculator, generate an instant illustration for Premium.
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