What is LIC Endowment Plans 914
LIC Endowment Plans features
LIC new endowment plan 914) maturity calculator
LIC endowment plan premium calculator
LIC new endowment plan 914 death benefit
LIC endowment plan returns
LIC new endowment plan 914 review
LIC single premium endowment plan
LIC new endowment plan 914 in hindi
LIC was formed in 1956. Today LIC company was started in 1956 and today this company has more than 250 million customers. If we talk about the plans of lic, then the company has many good plans. The company offers a variety of insurance plans to suit your financial needs. LIC Endowment Plan is also a different type of plan. Let us understand Lic’s endowment plan.LIC New Endowment Plan, the premium is to be paid throughout the policy. Sum Assured along with vested Simple Reversionary Bonuses + Final Additional Bonus will be paid as Maturity Benefit to the Life Assured on survival till the end of the policy term
LIC Endowment Plan 914 Maturity Calculator
| Policy holder Age | 8-55 Years |
| LIC Policy Term | 12-35 Years |
| LIC Maximum Age At Maturity | 75 Years |
| Maturity Amount After Completion of Policy Term | Basic Sum Assured + Accumulated Simple Reversionary Bonus (Bonus) during Policy Term + Final Additional Bonus (FAB) |
| Death Claim Amount During Policy Term | Death Sum Assured + Accumulated Simple Reversionary Bonus (Bonus) till the time of Death + Final Additional Bonus (FAB) + Term Rider Sum Assured (if Opted). |
| Additional Accidental Rider Sum Assured in case of Accidental Death (if opted) | |
| Death Sum Assured | Basic Sum Assured or 7 times of Annualised Premium, whichever is higher. |
| Available Riders | Accidental and Disability Benefit Rider, Term Assurance Rider, Accidental Benefit Rider, Premium Waiver Benefit Rider |
| Surrender and Loan | Available if, all premiums of First 2 Years are paid. |
| Tax Benefit | Premium is exempted (80c) and Maturity/Death Claim is Tax Free (10(10D) |
