LIMITED PREMIUM ENDOWMENT PLAN (Table No.830) With Profits 19

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LIC has launched new plan “Limited Premium Endowment Insurance Plan“. It is a participating non-linked plan that provides a combined facility of protection and saving. This insurance plan financially helps the family of policyholder if he/she dies unfortunately before maturity or a lump sum amount on maturity if the policyholder survives.

This is a very beautifully designed product, for a special segment wherein the prospective customers are not too keen on paying premium for a longer duration, but yet want to have a risk cover for a substantially longer period.

Limited Payment Endowment Plan 830 launched on 9th December 2014

LIC Limited Payment Endowment Plan 830 Features and Benefits

  • Minimum age at entry > 18 years completed
  • Maximum age at entry > 62 years (age near birthday)
  • Maximum exit age > 75 years
  • Policy Term > 12 yrs/ 16 yrs/ 21 years
  • Premium Paying Term > 8 & 9 years
  • Minimum Sum Assured > Rs.3 Lacs. Thereafter, in multiples of Rs.10000/-
  • Maximum Sum Assured >No limit
  • Benefits:
    • Maturity Sum Assured > Basic Sum Assured + Vested Bonus + FAB, if any
    • Death Sum Assured > Sum Assured + VB + FAB, if any, where SA is defined as Higher of- 10 times of Annualized Premium
      OR 125% of Basic Sum Assured OR 105% of all premiums paid
  • Riders:
    • Accident Benefit Rider > Optional rider with minimum Rs.10000/- & maximum upto Rs.1 Cr, subject to max SA
    • Term Assurance Rider > Optional, with min Rs.1 Lac & max Rs.25 Lacs
  • Rebates
    • Mode Rebates > 2% for Yly & 1% for Hly
    • High SA Rebates>
      • 5 Lacs to 9.90 Lacs=0.50%
      • 10 Lacs & above= 0.75%0
  •  Revival of Lapsed policies > Within 2 yrs from date of FUP
  •  Agent’s Commission >10% in First Year and 5% thereafter.

19 thoughts on “LIMITED PREMIUM ENDOWMENT PLAN (Table No.830) With Profits

  1. Reply bahaur Dec 11,2014 9:55 AM

    Give me in detail

  2. Reply 830 RAKNAR Dec 15,2014 9:24 AM

    please send you new plan endowmenlimited premium 830 no Rakner.

  3. Reply 830 ka primium chart Dec 18,2014 10:35 AM

    Reknar send kare

  4. Reply ram ji Dec 20,2014 11:30 AM

    hello sir plz send me this policy table no.-830 year vise policy premium detail……and complete policy detail ….
    thanks

  5. Reply mandar kulkarni Jan 6,2015 12:55 PM

    Pl send detail terms of Limited Payment Endowment Plan 830, also send details of any good plan for child also.

    thanks

    Mandar

  6. Reply Darshan Kumar Jan 7,2015 11:09 AM

    please send the premium details of 830

  7. Reply KL BHAGAT Jan 26,2015 8:21 AM

    hello sir plz send me this policy table no.-830 year vise policy premium detail……and complete policy detail ….
    thanks

  8. Reply chengalvarayan Jan 27,2015 7:18 AM

    Darshan ji, send ur date of birth and mail id, I ll update the premium along with maturity benefits..

  9. Reply Darshan Kumar Jan 27,2015 10:47 AM

    agewise premium of 830 table

  10. Reply dipak roy Jan 27,2015 4:05 PM

    plz let me know the amt of premium i”ve to pay for my wife against her age 58yrs.the mode of premium willbe yearly&if ipaythe same directly from my a/c through neft should iget any rebate?the policy will be of minimum permisibble amt ie 3lakhof duration 8yrs.also let me know the tax rebate eligabality .

  11. Reply ranjit j Feb 2,2015 7:09 AM

    i want invsting investing 2000 monthly for 6 to 8 years plz give me a best money back policy

  12. Reply k raghava Mar 17,2015 3:53 AM

    I want to new plan details

  13. Reply Basra Pargat Jun 8,2015 4:17 AM

    give me detail and tell me new best plan

  14. Reply j khundoo Jul 17,2015 9:12 PM

    plz. let me know premium to be paid yearly for sum insured of Rs15 lakh. what will be insurance cover,maturity sum and other benefits, policy term 12 years. premium term 9/8 years. Date of birth march 1957.
    Thanks

  15. Reply H K Pawar Sep 8,2015 11:32 AM

    I m 26 yr old. i want to know more detail about this policy. Plan No – 830

  16. Reply H K Pawar Sep 8,2015 11:34 AM

    plz send detail policy No-830 on my email Id. heman29081989@gmail.com

  17. Reply pleae send details d,o,b,9.8.1953 and wife 14.2.58 which insurence of lic possible pls tell sum and term and taable no thanks Sep 25,2015 3:20 AM

    pls tell possibilities of ins 9.8.53 and 24.2.58 plan term sum pls

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