Jeevan Amrit Lic Insurance policy – Benefits – Features
About LIC Jeevan Amrit Plan:
This is suitable for the younger ones who desires high cover at a low cost and do not want to pay premiums for a longer duration. Under this plan premium payment is limited to 3 or 4 or 5 years and the premium payable during the first year is higher than the premiums payable in subsequent years.
Options:
You may choose Sum Assured (S.A.), Premium Paying Term, Policy Term and Mode of premium payment.
Payment of Premiums :
Option to pay premiums yearly or half-yearly during the premium paying term of 3 or 4 or 5 years.
Eligibility Conditions and Other Restrictions :
Minimum Entry Age : 12 years (last birthday)
Maximum Entry Age : 60 years (nearest birthday)
Maximum Maturity Age : 70 years (nearest birthday)
Minimum Sum Assured : Rs. 1,00,000
Maximum Sum Assured : No limit
Premium Paying term : 3 to 5 years
Policy term : 10 to 30 years
If you are not satisfied with the “Terms and Conditions” of the policy you may return the policy within 15 days.
Check more details at LIC website here
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