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Mr.Pradeep Diwan
LIC Agent
7C / 8C, Parekh Nagar Indl. Estate, S. V. Road, Kandivli (West), Mumbai - 400067
Maharashtra, India.
Tel: 28050377/ 28055576
Fax: 28056748
Cell: 9324422924
pradeep@licinsurance.com

ANMOL JEEVAN I

Suitability

  • This is a pure risk policy suitable for people who wish to provide huge sums for their family at an economical premium. All males and females with earned income (Category I) and females with unearned income and paying tax (Category II) are eligible for this plan.

Salient Features

  • The policy being a pure term plan, the sum assured is payable on the death of the policyholder during the term of the policy
  • On survival to maturity nothing is payable
  • The policy will not acquire any paid-up value
  • No Surrender Value will be available under this plan
  • No loan will be granted under this plan
  • Policyholder has an option to pay premium Yearly, Half-yearly, Quarterly or Single Premium
  • A grace period of 15 days will be allowed for payment of yearly, half-yearly or quarterly premiums
  • If death occurs within the grace period and before the payment of the premium then due, the policy will still be valid and the Sum Assured paid after deduction of the said premium as also unpaid premiums falling due before the next policy anniversary of the Policy. If the premium is not paid before the expiry of the days of grace, the Policy lapses.

Benefits

On Death

  • Full sum assured + loyalty additions

On Survival

  • Nothing is payable

Other Conditions

  • Minimum age at entry : 18 years
  • Maximum age at entry : 50 years
  • Maximum age at maturity : 60 years
  • Policy Term : 5 to 25 years
  • Minimum Sum Assured : Rs.5,00,000
  • Maximum Sum Assured : Rs.3,00,00,000
 
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