Robinson John
(LIC Advisor)  

LIC's Jeevan Lakshya Plan (833)

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This is a limited premium paying term conventional With-Profits Endowment Assurance plan where premium paying term is less than policy term by three 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).
On Survival
On survival Basic Sum Assured + Vested Bonus + FAB if any.
On Death
Sum Assured on Death + Bonuses & Final Additional Bonus, if any, payable in following manner:
Annual Income Benefit equal to 10% of the Basic Sum Assured (till policy anniversary prior to date of maturity)
Assured Absolute Amount of 110% of Basic Sum Assured, payable (on due date of maturity). Along with Bonuses & Final Additional Bonus, if any, on maturity. (on due date of maturity)


Policy Term   13 to 25 years 
Minimum Basic Sum Assured  Rs. 1,00,000/- 
Maximum Basic Sum Assured  No Limit 
Minimum Policy Term  13 years 
Maximum Policy Term  25 years 
Premium Paying Term   = ('Policy Term' minus '3') Years 
Minimum Entry Age  18 years (completed) 
Maximum Entry Age  50 years (nearer birthday) 
Maximum Age at Maturity for Life Assured  65 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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Address: 1434 C / 13, Govindpuri, Kalkaji, New Delhi. Pin - 110 019
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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