Product Summary: LIC’s Jeevan Labh Plan (936) is a limited premium paying, non-linked, with-profits Endowment Assurance plan. Premium Payment Mode:Yearly, Half yearly, Quarterly, Monthly(ECS) Term: 16 Year21 Year25 Year P.P.T.For Term 16 Year Ppt 10 yearFor Term 21 Year Ppt 15 YearFor Term 25 Year ppt 16 year Minimum Entry Age: 8 Year Completed Maximum Entry Age: 59 Year (Nearest Birthday) Maximum Maturity Age: 75 Year Minimum Sum Assured: 2, 00,000 Maximum Sum Assured: NO LIMIT (Depending upon Income)Maximum Accidental Death and Disability Benefit Rider up to age 70. Policy Benefits: On Death: Basic Sum-Assured, OR10 times of Annualized Premium, OR105%of all Premiums paid as on death,WHICHEVER IS HIGHER. On Survival: On survival Basic Sum-Assured + Reversionary Bonus+ Final Additional Bonus. Surrendered Value: The Policy can be surrendered at any time during the policy term provided atleast two full years premiums have been paid. Loan: Loan Facility is available under this plan, after payment of premiums for at least 2 full years.
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