What is the minimum age at entry in LIC Jeevan Labh plan?
LIC Jeevan Labh Plan Eligibility Criteria
| Criteria | Minimum | Maximum |
|---|---|---|
| Entry Age | 8 years | 59 years for PT 16 years 54 years for PT 21 years 50 years for PT 25 years |
| Sum Assured | Rs.2,00,000 | No upper limit |
| Maturity Age | N/A | 75 years |
| Policy Term | 16, 21& 25 years |
What is the benefit of Jeevan Labh policy?
Benefits of LIC Jeevan Labh Death Benefit – Death benefits are paid out as the sum of ‘Sum Assured on Death’ plus Simple Reversionary Bonuses plus Final Additional Bonus (if any). The Sum Assured on Death is the highest of either 10 times of annual premium paid or the Basic Sum Assured.
What will be the maturity amount of LIC Jeevan Labh?
Jeevan Labh (836) with an Example
| Maturity Year | Age at Maturity | Maturity Amount (Approx.) |
|---|---|---|
| 2041 | 54 | 3240000 |
What are the benefits offered by LIC Jeevan Labh plan?
The plan offers the option to avail of the death benefit in instalments. The following are the benefits offered by LIC Jeevan Labh Plan. The death benefit is paid by the insurer to the beneficiary of the policy if the insured person dies an unfortunate death during the tenure of the policy.
How is LIC Jeevan Labh maturity calculated?
LIC Jeevan Labh maturity is calculated only after the completion of the policy term. LIC Jeevan Labh 936 premium works as follows: Simple Reversionary Bonus is declared each financial year during the policy term and keeps on adding in the policy. FAB is a one-time bonus declared for the year in which policy is getting matured.
What is LIC’s Jeevan Umang?
LIC’s Jeevan Umang (Plan No.845) is a new whole life plan which will be launched on 16th May 2017. Let us see its’s features, benefits, and review. LIC’s Jeevan Umang (Plan No.845) is a new whole life plan which will be launched on 16th May 2017. Let us see its’s features, benefits, and review. 9019580450 [email protected] Search Close Home
What are the add-on riders available with LIC Jeevan Labh policy?
There are two main add-on riders available with LIC Jeevan Labh. These riders are: Disability Benefit Rider: LIc Jeevan Labh policy offers comprehensive protection against accidental death and disability to the policyholders and their nominees in the form of disability benefit rider.