- The New Endowment Plus plan is a market linked plan which has the combination of protection & investments
- It is the ideal plan for those expecting good returns along with life cover
- It has the option of investing your premium in a Debt or equity market in proportion chosen by you
- This plan offers the risk cover equal to 10 times of annualized premium
- It offers the accidental cover up to 1 crore along with disability benefit
- It has the 4 different investment options
- It has the facility of partial withdrawal in case of any financial crisis
- The policyholder also has the option of choosing the death benefit in installments
How Does This Policy Work
Sample illustration
| Eligibility Criteria |
|
Min. |
Max. |
| Age |
90 Days (Completed) |
50 Years (Last Birthday) |
| Policy Term |
10 Years |
20 Years |
| Premium Payment Term |
Same as Policy Term |
| Basic Sum Assured |
10 times of Annualized Premium |
| Maximum Maturity Age |
18 Years (Completed) |
60 Years (Nearer Birthday) |
| Premium Amount |
Rs.20,000 for Yearly Mode |
No Limit |
| Rider |
LIC's New Linked Accidential Benefit Rider |
|
