Unique Features
Premium Payment Term (PPT)
- 15 and 20 years.
- 20% each of the sum insured on the policyholder surviving 5 and 10 years in case of 15-year plan.
- 20% each of the sum insured on the policyholder surviving 5,10 and 15 years in case of 20-year plan
- Remaining 60 or 40% of the sum insured + Accrued Bonuses on surviving the PPT chosen.
- Sum Insured with Bonuses accrued to the nominee in case of policyholder's death, should it occur during the currency of the policy, provided it was in force then.
- to receive Survival Benefit as and when it is due or to reinvest with LIC itself for the remaining unexpired policy term for an interest of 4% compounding Yearly and collect the same as and when required before completion of the PT chosen.
- to pay premium in advance.
- to receive Maturity Benefits in the form of an Annuity.
- for another 3 years from the date of first unpaid premium, provided atleast 2 years' premia have been paid.
- @ 9.00% per annum simple interest.
- against an extra premium.
- on the premium paid along with other investments covered under section 80 C of the I.T Act.
- On the claim amount received under section 10(10D) of the same act.
- by all Indian and NRI women in the age group of 18-55 Years.
