Aadhar shila
- This plan is an excellent choice for regular savings and life coverage, offering the lowest premium in its category.
- The life cover increases through the loyalty bonus declared by LIC.
- Customers enjoy tax-free maturity benefits, which include the loyalty bonus along with the sum assured.
- This plan provides Accidental Life cover in addition to the basic life cover.
- Policyholders have the option to receive the maturity proceeds in installments, with the choice of 5, 10, or 15 years.
- Similarly, the policyholder can choose to receive the death benefit in installments.
- LIC offers premium discounts for yearly payment mode and higher sum assured.
- After completing one year of the policy, the policyholder is eligible for a loan.
| Eligibility Criteria | ||
| Minimum | Maximum | |
| Age | 8 Years (Completed) | 55 Years (Last Birthday) |
| Policy Term | 10 Years | 20 Years |
| Premium Payment Term | Same as policy term | |
| Basic Sum Assured | Rs.75000 | Rs.3 Lacs |
| Maximum Maturity Age | 70 Years (Nearer Birthday) | |