Limited Premium Endowment Plan



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  • A Limited premium paying conventional With-Profits Endowment Assurance plan.
  • Maturity Benefit: Basic Sum Assured + Vested Bonus + Final Additional Bonus.
  • Death Benefit: "Sum Assured on Death" + Vested Bonuses + Final Additional Bonus.
    • “Sum Assured On Death” is defined as the higher of 10 times of annualized Premium or 125% of the Basic Sum Assured.
  • Optional Benefit:
    • LIC’s Accidental Death and Disability Benefit Rider.
    • LIC’s New Term Assurance Rider.
  • Loan: After payment of premiums for at least 2 full years.


 
Eligibility Criteria
  Min. Max.
Age 18 62
Term 12 21
PPT 8 9
Sum 3,00,000 No Limit
Premium Modes Yly, Hly, Qly, Mly
Yearly Premium For 1000000 Sum Assured
Age 12/8 16/9 21/8
25 108373 84755 76572
30 108569 85098 77209
35 109059 85833 78532
40 110137 87303 80835