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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

WHOLE LIFE PLAN

Suitability

  • People who wish to provide for their dependants huge sums at comparatively low contribution as premium can take this policy. Under this plan an individual gets life coverage for almost whole of his life.

Salient Features

  • Sum assured is payable only on the death of the life assured
  • Premiums have to be paid for 35 years or till age 80 years whichever is more
  • Premiums cease on death of the life assured

Benefits

On Death

  • Sum assured + vested bonuses are payable to nominees/beneficiaries on death of life assured only.

Other Conditions

  • Minimum sum assured : Rs 20000
  • Minimum premium must be Rs.800 per annum
  • Minimum age at entry : 18 years
  • Maximum age at entry : 60 years
 
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