Plan :Jeevan Labh(836)
LIC's Jeevan Labh Plan (836) is a limited premium paying, non-linked, with-profits Endowment Assurance plan.Premium Payment Mode:
Yearly, Halfly, Quarterly, Monthly(NACH)/ SSS
Term :
16 Year
21 Year
25 Year
PPT* :
For Term 16 Year Ppt 10 year
For Term 21 Year Ppt 15 Year
For Term 25 Year ppt 16 year
Minimum Entry Age : 8 Year Completed
Maximum Entry Age : 59 Year (Nearest Birthday)
Maximum Maturity Age : 75 Year
Minimum Sum Assured : 2,00,000
Maximum Sum Assured :NO LIMIT (Depending upon Income)
Maximum Accidental Death and Disability Benefit Rider up to age 70.
Policy Benefits :
On Death :
Basic Sum-Assured+ Reversionary Bonus+ Final Additional Bonus.
On Survival :
Basic Sum-Assured + Reversionary Bonus+ Final Additional Bonus.
Surrendered Value :
The Policy can be surrendered at any time during the policy term provided at least three full years premiums have been paid.
Loan :
Loan Facility is available under this plan, after payment of premiums for at least 3 full years.
Income Tax Benefit :
• Premium paid under this plan is eligible for TAX rebate under section 80c.
• Maturity under this plan is free under sec 10(10D).
