LIC Endowment Plan

LIC’s Endowment Plans Buy Now Just 499

  1. What is LIC Endowment Plans 914
  2. LIC Endowment Plans features
  3. LIC new endowment plan 914) maturity calculator
  4. LIC endowment plan premium calculator
  5. LIC new endowment plan 914 death benefit
  6. LIC endowment plan returns
  7. LIC new endowment plan 914 review
  8. LIC single premium endowment plan
  9. 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 Age8-55 Years
LIC Policy Term12-35 Years
LIC Maximum Age At Maturity75 Years
Maturity Amount After Completion of Policy TermBasic Sum Assured + Accumulated Simple Reversionary Bonus (Bonus) during Policy Term + Final Additional Bonus (FAB)
Death Claim Amount During Policy TermDeath 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 AssuredBasic Sum Assured or 7 times of Annualised Premium, whichever is higher.
Available RidersAccidental and Disability Benefit Rider, Term Assurance Rider, Accidental Benefit Rider, Premium Waiver Benefit Rider
Surrender and LoanAvailable if, all premiums of First 2 Years are paid.
Tax BenefitPremium is exempted (80c) and Maturity/Death Claim is Tax Free (10(10D)

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