Jeevan Amar
PRODUCT FEATURES:
- Amar Jeevan is an exclusive pure protection plan offering Regular, Limited Payment, and Single Payment options.
- It is the best life protection plan with the lowest premium.
- Under this plan, the life assured is covered until the age of 80 years.
- Non-smokers can avail discounts on the premium.
- The Sum Assured increases guaranteed by 10% every year.
- Death Benefit can be received in installments.
- Single Premium Payment option is also available.
- LIC provides premium discounts for higher Sum Assured.
- An additional benefit of Accidental Cover up to Rs. 1 crore is available under this plan.
- Policyholders are eligible for tax benefits under section 80C.
Eligibility Criteria | ||
Minimum | Maximum | |
Age | Single Premium: 90 Days (Completed) Limited Premium Option-I: 90 Days (Completed) Limited Premium Option-II: 45 Years (Near Birthday) |
Single Premium: 44 Years (Near Birthday) Limited Premium Option-I: 60 Years (Near Birthday) Limited Premium Option-II: 65 Years (Near Birthday) |
Policy Term | 18 Years | 30 Years |
Premium Payment Term | Single & 5 Years | 75 Years |
Sum Assured | Rs.1 Lac | No Limit |
Basic Sum Insured | 18 Years (Completed) | Single Premium: 62 Years (Near Birthday) Limited Premium Option-I: 75 Years Limited Premium Option-II: 80 Years |