LIC This Policy Advantage & Rs 150 tax investment will get 19 lakh LIC
● The minimum age for taking out this insurance is 0 years
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● The maximum age for taking insurance is 12 years
● The minimum sum insured is Rs. 1,00,00.
● There is no limit to the maximum sum insured.
● Premium Weaver Benefit Rider- Option available
◆ Money back installment
The policyholder will get 20% of the sum assured on completion of 18, 20 and 22 years of age.
◆ Maturity Benefit
At the time of policy maturity (in case the insured does not die during the term of the policy) the policyholder will get an increased portion of the sum insured with a bonus of 40 per cent
In case of death of the policyholder at the time of the policy term, in addition to the sum insured, a simple reversionary bonus check and a final maximum bonus are given. Death Benefit shall not be less than 105% of the total premium payment
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