New Plans Name – BIMA DIAMOND PLAN, Table No 841
BIMA Diamond Plan Features – It’s thrice as nice, With Triple Advantage
- Money Back – Every 4th Year
- Extended Protection – Half of the Policy Term after lapsation of Policy Term
- Auto Cover Option – On a policy of at least 5 full years on which subsequent premium is not dully paid, Auto Cover period of 2 years available.
- Minimum Sum Assured – 1,00,000 (1 lac)
- Maximum Sum Assured – 5,00,000 (5 Lacs)
- Premium Paying Term – 16/10, 20/12, 24/15
- Minimum Age at Entry – 14 Years Completed
Launching the “Bima Diamond plan” on the occasion of the 60th year/Diamond Jubilee celebrations of LIC
LIC launches new plan table no. 841
*BEEMA DAIMOND PLAN FEATURES & Details*
Minimum SA. – 1 Lac
Maximum SA. – 5Lac
Minimum age – 14 yrs Completed
Max age – 50 years
Free extended cover is half of the term
16 yrs PPT is 10 yrs
20 yrs PPT is 12 yrs
24 yrs PPT is 15 yrs
15% at 4th, 8th, 12th year for term 16 years.
15% at 4th, 8th, 12th, 16th year for term 20 years.
12% at 4th, 8th, 12th, 16th, 20th year for term 24 years.
Maturity: Sum Assured less Survival benefits with Loyalty Addition.
First 5 years – Sum Assured
After 5 years – Sum Assured + Loyalty addition.
Extended Cover after Maturity:
8 years for 16 years term policy
10 years for 20 years term policy
12 years for 24 years term policy
Auto Cover: For 3 to 5 years premium paid – 6 months from FUP
*Note* This plan is available up to 31.8.17 only.
For more than 5 years premium paid – 2 years from FUP.
Accident rider, Term rider & Disability benefit rider available.
Bima Diamond Plan 841 Premium Chart