NEW

LIC's Jeevan Vriddhi

ELIGIBILITY CONDITIONS AND OTHER RESTRICTIONS: 

a)      Minimum Entry Age                          : 8 years (completed)

b)      Maximum Entry Age                         : 50 years (nearest birthday)

c)      Minimum Basic Sum Assured            : Rs.150, 000/-

d)     Maximum Basic Sum Assured           : No Limit

e)      Minimum Premium                           : Rs. 30,000/- + Service Tax

            Premium shall be available in multiples of Rs. 1,000/-.

f)       Policy Term                                        : 10 years

g)      Premium payment mode                    : Single premium only

h)  Guaranteed Maturity Sum Assured : The Guaranteed Maturity Sum Assured will depend on the single premium payable and the age at entry of the life to be assured.

INCENTIVE FOR HIGHER PREMIUM:

Incentive for higher single premium by way of increase in the Guaranteed Maturity Sum Assured is as under:

Premium (excluding extra premium)	Increase in Guaranteed Maturity Sum Assured
Below Rs.50,000	Nil
Rs.50,000 to Rs. 99,000	1.25%
Rs.1,00,000 and above	3.00%

LOAN:

Loan facility will be available under this plan, after completion of one policy year.

 Death benefit: On death, Basic Sum Assured shall be payable. The Basic Sum Assured shall be 5 times the Single Premium excluding extra premium, if any.