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Features of LIC Amulya Jeevan:


• High risk coverage can be availed at low cost

LIC Amulya Jeevan Eligibility Conditions :


Minimum

Maximum

Sum Assured (in Rs.) 25,00,000 No Limit
Policy Term (in years) 5 35
Entry Age of Policyholder 18 60
Age at Maturity - 70
Payment modes Yearly and Half- Yearly


Benefits of LIC Amulya Jeevan :


Maturity Return – No Maturity benefit will be paid

Death Benefit – Entire Sum assured will be paid on death

Income Tax Benefit – Available under Section 80 C for premiums paid and Section 10 (10D) for Death claims
Loan on Policy - Not Available

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LIC Amulya Jeevan - 2 (Term Plan)

LIC Amulya Jeevan (Table - 823) is a term life insurance plan which provides financial protection to your family in case of unfortunate demise. Its similar to Anmol Jeevan - 2 with a minimum sum assured of 25 Lakhs. Sum assured lesser than 25 Lakhs can be taken in Anmol Jeevan.

You get good Sum Assured at very low priced premium. In the event of policyholder’s demise, the cover taken is paid to the nominee. There is no maturity benefit in LIC Amulya Jeevan- 2 as it’s a pure term life insurance plan.

Service Tax is applicable on the premium paid for this policy, at the rate of 15% of the premium paid every year.