Low premium, provides high life cover & financial security to the family. Meant for creating an estate for heir of the Policy holder. Basically plan provides the benefit on death. But Maturity benefits are also available on completing certain Age/Policy Term.
Suits for all ages who wishes to protect their families from financial crisis in case of premature death.
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Period upto which premium payable ?
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- In LIC the premium under this policy is payable for upto age 80 years or for a term of 35 years whichever is later.
- Limited period payment & Single Premium options are available
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Key Benefits : |
- Sum assured plus vested Bonus will be paid on death of the insured.
- Maturity Benefits are also available on surviving certain Age or Policy Term.
- Noramlly declared Bonus will be higher for this Whole Life policies.
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Riders |
- Accident Benefit rider, Disability Benefit Rider etc., are available on payment of additional premium.
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