LIC’s NEW ENDOWMENT PLAN | Table No 914

This is a regular premium, non-linked, with profits Endowment Plan.   Features & Conditions  of NEW ENDOWMENT PLAN Minimum age at entry – 8 years (Last Birth Day) Maximum age at entry – 55 years (Near Birth Day) Max. age at maturity – 75 years (Near Birth Day) Minimum term – 12 years Maximum term – 35 years Minimum S.A. – 1,00,000 (in multiples ...

New Endowment Plan No 814 15

LIC Launches New Endowment Plan  (Table No 814). As per the IRDA, LIC revised all the popular plans accordingly to the new rule. Maturity Benefit – Basic Sum Assured along with Vested Simple Reversionary Bonuses and Final Additional Bonus, if Any. Death Benefit – ‘Sum  Assured on Death’ along with Vested Simple Reversionary Bonuses and ...