- Aadhaar Shila plan has been exclusively designed for Female lives without
any medical test
- This is the ideal plan for regular saving along with life cover with lowest
premium in this category of plans
- The life cover enhances due to the loyalty bonus as would be declared by
LIC
- The customer gets the tax-free maturity which includes the loyalty bonus
along with Sum Assured
- This plan offers the Accidental Life cover also along with basic life cover
- This plan also has the option of taking the Maturity proceeds in instalments
as the policy-holder can choose the no of year as 5, 10 or 15.
- In a similar way, the policyholder also has the option of choosing the death
benefit in instalments
- LIC also offer the discount in the premium in case the mode of payment is
Yearly and for higher sum assured
- The loan is also available to the policyholder after the completion of 2 years of the policy
- Settlement option avilable on Maturity and Death in Installments of 5,10 or 15 Years
How Does This Policy Work
Sample illustration
| Eligibility Criteria |
|
Min. |
Max. |
| Age |
8 Yars (Completed) |
55 Years (Last Birthday) |
| Policy Term |
10 Years |
20 Years |
| Premium Payment Term |
Same as Policy Term |
|
| Basic Sum Assured |
Rs.75,000 |
Rs.3 Lacs |
| Maximum Maturity Age |
70 Years (Nearer Birthday) |
| Rider |
LlC's ACCIDENT BENEFIT RIDER |
