LIC’s New Bima Nivesh Table No-142:

Premium Ceasing Age: 75 Premium Ceasing Term: 1

Plan Highlights

Single premium for insured amounts from Rs.25, 000 / – to Rs.50, 00,000 / -.
Premium Rates: single premium per Rs.1000 / – Rs.952 will be reliable Aum / – for 5 years and Rs.863 / –
for a period of 10 years for all ages at the entrance.
High Premium Rebate:

The following discounts the premium is proposed for high premiums
1% of basic premium on the premium in excess of Rs. 25,000 / –
1.5% premium based on the premium in excess of Rs. 50,000 / –
2% of basic premium on the premium in excess of Rs. 2,00,000 / –
Contributions are eligible for tax exemption under section 88 of the IT Act.

ADVANTAGES:

1. At maturity: —
The sum assured and guaranteed additions and loyalty
additions, if any, will be paid at the expiry of the stipulated term.

2. SO IS GUARANTEED ADDITIONS:

It is guaranteed additions at a compound rate of Rs. 60 per thousand pa for the policy to five years
term and SRM. 65 per thousand pa for politics with a term of 10 years.
In other words, adding security to the end of each year policy will be based on base amount
Assured and accrued guaranteed addition to the rates indicated.

3. THE DEATH OF PREVIOUS:

Sum assured with accumulated garunteed additions will payable.If Term Insurance Rider was
taken, then term insurance sum assured is payable in addition.

4. LOYALTY ADDITION:

According to the firm’s experience with regard to interest and expenses and based on
The addition of retention policy can be paid at maturity.
On life assured surviving the stipulated date of maturity, loyalty additions may be paid at the rate and
under such conditions that may be declared by the Company.

5. TERM INSURANCE MOTORCYCLE:

A term insurance Rider benefit payable by a single premium will be available at the choice of agent.
The restrictions and conditions for eligibility are:
Minimum sum assured Rs. 50,000 / –
Maximum sum assured: two times the basic sum assured on the plan subject to a maximum of Rs. 5,00,000 / –
Minimum age at entry: 18 years
Maximum age at entry: 50 years.

Contact us for free quotes on LIC New Bima Nivesh life insurance policy. Our LIC of India Authorized Agent / Insurance Advisor will contact you within 24 hours.

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