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Nav Jeevan Shree – Single Premium (Plan No.: 911)

Enquiry It is a Non-Par, Non-Linked, Life, Individual, Savings plan. This is a Single Premium Endowment plan with Guaranteed Additions. Eligibility Criteria

Eligibility Criteria

Inhabiting discretion the her dispatched decisively boisterous joy. So form were wish open is able of mile of.
Waiting express if prevent it we an musical. Especially reasonable travelling she son.

Minimum
Maximum
18 Years (Completed)
60 Years Nearer birthday under Option I 40 Years Nearer birthday under Option II
Term
5 Years
20 Years
PPT
Single Premium
Sum Assured
₹ 1,00,000/-
No Limit

Riders Available

LIC’s Accidental Death & Disability Benefit Rider

LIC’s New Term Assurance Rider 

Death Benefit

Higher of 1.25 times of Tabular Single Premium
Basic Sum Assured
Option II
10 times of Tabular Single Premium

Maturity Benefit

Sum Assured on Maturity along with accrued Guaranteed Additions.

Guaranteed Additions shall accrue at the rate of Rs. 85 per thousand of Basic Sum Assured at the end of each policy year.

Loan Facility is available during the policy term after 3 months from the completion of the policy.

Option to Surrender the Policy

The policy can be surrendered by the policyholder at any time during the policy term subject to realisation of cheque or premium payment.

On surrender of a policy, the Corporation shall pay the surrender value higher of…

Guaranteed Surrender Value & any accrued Guaranteed Additions

Or Special Surrender Value.

 

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