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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

BHAVISHYA JEEVAN

Suitability

  • An Endowment Assurance policy with the facility to pay higher premiums initially and smaller amounts in later years. The plan has been designed to meet the needs of persons who have short span of earnings. For example, film artists and other such professionals whose incomes drop substantially may find this plan suitable.

Salient Features

  • Sum assured is payable either on survival to the term or on death happening within the term.
  • Higher premiums can be paid in the first five years of the policy, while smaller amounts can be paid in the later years till date of maturity.
  • Premiums cease at death or on expiry of term whichever is earlier.
  • Bonus for the full term is payable on the date of maturity or in the event of death, whichever is earlier.

Benefits

On Survival

  • Basic Sum Assured + vested bonus

On Death

  • Basic Sum Assured + vested bonus

Other Conditions

  • Minimum sum assured: Rs 30,000
  • Minimum premium must be Rs.800 per annum
  • Minimum Age : 15 years
  • Maximum age at entry :
    • 15 years term- 55 years
    • 20 years term- 50 years
    • 25 years term- 45 years
 
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