Jeevan Lakshya Plan No 833 8

LIC’s New Plan  – Jeevan Lakshya (Plan No.833) Launching today 12 March 2015
with profit Endowment plan

  •  Age : 18 to 50 yrs.
  • Maturity Age : 65 yrs.
  • Policy Term :13 to 25 yr
  • Premium Term = Policy term minus 3 yrs.
  • S.A. : Min 1 Lac & Max- No limit.
  • Accident Rider (DAB): upto 1 Cr. (Over all limit)
  • Term Rider: Min -Basic SA ,Max- 25 Lacs
  • On Maturity : 110% SA + Bonus + FAB
  • On Death :
    • 10% SA payable on every policy anniversary after Death till Maturity.
    • And on Maturity date again 110%SA + Bonus + FAB.
  • Loan : After 3 Yrs.
  • Tax Benefits : u/s 80c
  • Maturity /Death claims: Tax free u/s 10 (10)D

8 thoughts on “Jeevan Lakshya Plan No 833

  1. Reply bal chand Mar 12,2015 12:51 PM

    If a claim arise in 5the year
    Hw much times the annuity will be payable

  2. Reply bal chand Mar 13,2015 2:19 AM

    If a claim arises in 5th year
    Hw much times the annuity will b paid
    PPp 833-18-21

    • Reply MANIT ATTREE Mar 25,2015 3:56 PM

      Mr Bal Chand

      If a claim arises in 5th year than the annuity will be 10% of Sum Assured
      till maturity.

  3. Reply R.RAJA Mar 31,2015 1:19 PM

    IF CLAIM OCCURED ON 5TH YEAR,FROM 6TH YEAR 10% OF SA (IF SA 500000=50000) WILL BE GIVEN JUST ONE YEAR BEFORE THE MATURITY ( 20TH YEAR).ON MATURITY MEANS 21st YEAR
    110% MEANS 550000+BONUS WILL BE GIVEN. SEE BELOW EXAMPLE. MR BAL

    6th year…………….50000
    7thyear……………..50000
    ……….and so on……….
    20th year……………50000
    21st MATURITY………..550000+BONUS IS IT CLEAR NOW?.OK BYE

  4. Reply santanu Apr 10,2015 7:50 AM

    In jeevan lakhshya on death of proposer, nominee will get sum assured or not?

  5. Reply Narayanan Apr 12,2015 2:11 PM

    If sum assured is above 25 lakhs term rider is avl r not?
    kindly list of term rider in this plan & also it is term rider compulsory medical or not?

  6. Reply Santosh Agare Apr 13,2015 5:30 PM

    If Claim occured, then what about the installement (EMI). Do my Nominee to pay that or it will Stop by LIC till maturity and also 10%SA annual to nominee? Please explain.

  7. Reply ANIL KHETRA Aug 13,2015 6:32 AM

    This is not only best plan for Adult ,Its Very Good Plan for child,
    If Proposal is no more then 10% of SA as Salary every year given to Nominee till Maturity ..And Maturity Benefit paid to nominee

    Thanks

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