Jeevan Shree re-launched as Jeevan Labh (836) - a limited premium endowment plan

For all those who were missing the great plan, Jeevan Shree, from LIC, here is a great news.

The old plan is re launched as Jeevan Labh (T. No. 836). And also the minimum sum assured is ₹.2,00,000/- only.

Here are the salient features of the new plan Jeevan Labh (836)

Limited premium paying term
Non Linked
With Profit
Endowment Plan

Plan Term and premium paying terms(PPT) are as under:

For term 16 years, PPT is 10 years
For term 21 years, PPT is 15 years
For term 25 years, PPT is 16 years.

You can choose term from one of the above options. It is a very good plan with good returns. Also its payment term is less than plan term, which is useful mostly for professionals or short term paying users.

Eligibility criteria for the plan is:

Minimum age of entry : 8 years
Maximum age of entry: 59/54/50 for above terms of 16/21/25
Minimum Sum Assured: 2 Lakhs.

Policy benefits include:

Death Benefit: Basic Sum Assured
Survival Benefit: Basic Sum Assured + Revisionary Bonus + Final Additional Bonus

Other options like loan facility, income tax benefit under 80c for premiums and under 10(10D) for maturity are available like in other plans by default.

Why wait for more time, call us to plan today.

Need more info on this plan? Contact us for more details :)

Comments

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