Anmol Jeevan 2 Term Plan (Table No 822)

LIC Launches New Term Plan Anmol Jeevan 2 (Table No 822) -  Higher protection at very low premium

Anmol Jeevan is a regular premium paying conventional WITHOUT profit pure protection plan

Benefits of Anmol Jeevan 2 :

• Death Benefit –  On death of Life Assured during the term of the policy, Sum Assured will be payable.
• Maturity / Survival Benefit - On Survival to the end of the policy term, no benefits shall be payable.

Eligibility Conditions and Restrictions

• Min Age at entry – 18 years (Completed)
• Max Age at entry – 55 years (Nearest Birthday)
• Age at Maturity – Maximum 65 Years
• Min Policy Term – 5 years
• Max Policy Term – 25 Years
• Premium mode – Yearly, Half-yearly
• Minimum Sum Assured – 6,00,000 (6 Lacs)
• Maximum Sum Assured – 25,00,000 (25 Lacs)
• Maximum insurance cover age limit – 65 years (nearest birthday) Sum assured will be multiple of 1,00,000
• Additional Premium : 2% of the tabular annual premium will be payable for HALF YEARLY mode.
• Grace period of one calendar month but not less than 30 days will be allowed.
• Loan – NO Loan will be granted
• Surrender Value- No surrender value
• Paid up value – No paid up value
• Back dating allowed but no interest will be charged for back dating.