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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 |
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SINGLE
PREMIUM WHOLE LIFE
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This
is the best form of life assurance for family
provision since it enables the Life Assured
to pay the premium during the ordinarily vigorous
and most productive years of life, relieving
him from the necessity of making payments
later in life when they might become a burden
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With
Profits Single Premium policies do not cease
to participate in profits after completion
of the period for which premium has been paid
,but continue to share in the periodical Bonus
Distribution until the death of the Life Assured
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Premiums
are payable one time only. If the Life Assured
survives the stipulated term of the policy
, the Policy continues in full force, and
full sum assured (with or without bonus) will
be paid on death
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Minimum
age at entry : 12 years
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Maximum
age at entry : 60 years
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Maximum
age at maturity : 40 or 80 years from date
of commencement
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Minimum
Sum Assured : Rs.30,000
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Maximum
Sum Assured : No Limit
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Mode
of Payment : Single Premium
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