It is a Single payment non-linked endowment life insurance with profit plan which offers guaranteed returns in the form of Guaranteed Sum Assured and vested reversionary bonuses with Final Additional Bonus. It is the combination of Investment plus Life Cover. Policy can be availed with duration of 10 years to 25 years and can be taken any person between the ages of 3 months to 65 years.

Combination of Life insurance & investment

It gives a lump sum amount at the end of term, to take care of important milestones in your life like retirement needs, children’s education, and children’s marriage. In case of unfortunate demise, family needs are taken care.

Guaranteed Risk Cover in case of Death

Guaranteed Sum Assured with Vested Bonus will be payable in case of Unfortunate death. This will help the family to fulfil their needs in the absence of bread winner.

Liquidity in the form of Loan

Fulfil financial needs by exercising loan facility on policy immediately after one year. Loan Facility is available at very concessional rate.

Profit Sharing as per Valuation

Every year, LIC declares valuation results.
As per valuation result declared by LIC, profit is being shared among all policyholders as bonus.

Features of Fixed Deposit with Longer Term

By paying small extra premium amount, you can secure your life for high insurance protection on natural or accidental death by opting DAB and Term Rider.

Advantages

1. Avail Tax benefit on premium paid
2. Tension Free Claim Settlement

Conditions

	Minimum	Maximum
Entry Age	90 Days completed	65 Years (nearest birthday)
Term	10 years	25 years
Mode	Single Premium Only
Maturity age	18 Years Completed	75 Years (nearest Birthday)
Sum Assured	₹ 50,000/-	No Limit

Sum Assured will be in multiples of ₹ 5,000/- only

DAB Conditions
 

Maximum Sum Assured :- ₹ 1,00,00,000/- not exceed to the basic sum assured

Minimum Entry Age :- 18 Years completed

Maximum Entry Age :- 55 Years nearest birthday

Maximum Maturity Age :- 70 Years nearest birthday

 

Sum Assured shall be available in multiples of ₹ 5,000/-

Term Rider Conditions
 

Minimum Age At entry : 18 Years (Completed)

Maximum Age At entry : 60 Years nearest birthday

Minimum Sum Assured : ₹ 1,00,000

Maximum Sum assured : ₹ 25,00,000

Maximum Maturity Age : 75 Years nearest birthday

 

Sum Assured in multiples of ₹ 5,000