LIC is offering many plans in endowment, term, money back, child plans, annuity plans, pension plans etc.
LIC’s Single Premium Endowment Table No. 817 is a Single premium plan, with Profit, non-linked Endowment Plan
Sum Assured: Minimum limit for the sum assured is Rs. 50,000/- and there is no maximum limit.
Policy Term: 10 Years to 25 Years.
Premium Paying Term: Single Premium Policy.
Entry Age: 90 days Completed to Age 65 Year (It is also applicable to child)
Maximum Maturity Age: 75 Years.
Premium Payment Mode: Single Premium.
Maturity Benefits: Basic sum assured along with vested simple reversionary bonus and the final additional bonus is paid to the policy holder.
Income Tax Benefit: 10 % of Sum Assured in this policy isexempted under section 80C of Income Tax Act.
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LIC's New Bima Bachat Plan Table No. 816
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