Robinson John
(LIC Advisor)  

LIC's Jeevan Labh Plan (836)

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Overview

LIC's Jeevan Labh Plan (836) is a limited premium paying, non-linked, with-profits Endowment Assurance plan.

Benefits

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).
On Survival
On survival Basic Sum Assured + Vested Bonus + FAB if any
On Death
Sum Assured + Vested Bonus + FAB if any

Rules

Policy Term  16 or 21 or 25 years 
Minimum Basic Sum Assured  Rs. 2,00,000/- 
Maximum Basic Sum Assured  No Limit 
Minimum Policy Term  16 years 
Maximum Policy Term  25 years 
Premium Paying Term  10, 15, 16 years respectively 
Minimum Entry Age  8 years (completed) 
Maximum Entry Age  59 years (nearer birthday) 
Maximum Age at Maturity for Life Assured  75 years 
Mode of Premium Payment  Yearly, half-yearly, quarterly & monthly 
Accidental Death & Disability Benefit Rider  available on payment of additional premium 
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Insurance is the subject matter of the solicitation. This website contains only an indication of policy cover described in it. Any information can get changed any time without any prior notice. Please read LIC's official sales brochure carefully before concluding a sale. This is not the official website of L.I.C. of India.
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