LIC Term Insurance Plans Info : LIC’s Anmol Jeevan 2

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LIC’s Anmol Jeevan - II is a protection plan which provides financial protection to the insured’s family in case of his/her unfortunate demise.

LIC Term Insurance Plans Info : LIC’s Anmol Jeevan 2

Benefits:


 Death Benefit: In case of unfortunate death of the Life Assured during the policy term Sum Assured shall be payable.

Maturity Benefit: On survival to the end of the policy term, nothing shall be payable.

ELIGIBILITY CONDITIONS AND OTHER RESTRICTIONS:

    1. Minimum Sum Assured          :   Rs. 6,00,000
    2. Maximum Sum Assured         :   Rs. 24,00,000
                (The Sum Assured shall be in multiples of Rs. 1, 00,000/-)
    1. Minimum age at entry             :  18 years (completed)
    2. Maximum age at entry            :  55 years (nearest birthday)
    3. Maximum cover ceasing age             :  65 years (nearest birthday)
    4. Minimum policy term              :  5 years
    5. Maximum policy term            :  25 years

    Payment of Premiums:

    Premiums can be paid regularly during the term of the policy at yearly or half-yearly intervals.
    A grace period of one month but not less than 30 days will be allowed for payment of premiums.
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