LIC Jeevan Amar Plans 855: LIC launches cheap term insurance plan, know what is the specialty.

LIC Jeevan Amar Plans 855: Life Insurance Corporation of India has launched LIC Jeevan Amar Policy, an affordable, traditional and pure protection term insurance plan! This plan (LIC Jeevan Amar Plan) will be available offline for sale! That is, it can be bought only through an agent! Life Insurance Corporation of India (Life Insurance Corporation of India) This plan is cheaper than the already available term plan Amulya Jeevan! LIC withdraws Amulya Jeevan Term Plan!

This plan of Life Insurance Corporation of India is cheaper than the already available term plan Amulya Jeevan! LIC has withdrawn the Amulya Jeevan Term Plan! LIC’s Jeevan Amar Plan (LIC Jeevan Amar Plan) is not only cheap but it has many more such features! Which makes this plan great! At the same time, policyholders who smoke have to pay higher premiums than the rest!

Recently LIC Jeevan Amar Plan (LIC Jeevan Amar Plan) 855 has been launched! The benefit of this plan is given by two death benefit options in which one is ! Level Sum Assured and the other is Increasing Sum Assured, gives its customers the benefit of one of the facilities! It is one of the most affordable, traditional and whole life protection plan! This plan is cheaper than the Amulya Jeevan plan of LIC (Life Insurance Corporation of India)! The company has added many new features in LIC Jeevan Amar policy. Which make this plan fit for every customer!

The term of the policy will be from 10 years to 40 years: LIC Jeevan Amar Plans 855
LIC’s Jeevan Amar Policy (LIC Jeevan Amar Plan) was made available to people aged 18-65 years! Under this, the maximum age maturity is 80 years! The duration of the scheme under Jeevan Amar will be from 10 years to 40 years. Under Life Insurance Corporation of India

Policy Highlights

• Only people in the age group of 18-65 years can take Jeevan Amar plan.
• The maximum maturity age of the policy is 80 years!
• The policy term ranges from 10 years to 40 years.
• In this Jeevan Amar Plan (LIC Jeevan Amar Plan) a smoker will have to pay a higher premium than a non-smoker!
• A man’s (Life Insurance Corporation of India) premium is kept higher than that of a woman!
• No surrender value will be available under Regular Premium option.
• LIC Jeevan Amar Policy (LIC Jeevan Amar Policy) will be available only in single premium!
• Some terms and conditions have been added to the Limited Premium option.

Who can take this policy: LIC Jeevan Amar Plans 855

• Jeevan Amar Policy can be taken by people in the age group of 18-65.
• The maximum maturity age of this policy is 80 years!
• The term of this policy will be from 10 years to 40 years.
• You will not get any surrender value in Regular Premium Option!
• At the same time, you will get this facility available in single premium!
• Limited premium option has some terms and conditions.
• In this plan of Life Insurance Corporation of India, the premium amount will be different for men and women.

Jeevan Amar Plan 855 will have 3 premium payment options

LIC Jeevan Amar Plan (LIC Jeevan Amar Plan) will have three options for premium payment! Single Premium, Regular Premium and Limited Premium! Under Limited Premium, there are two options Premium Paying Term (PPT), Policy! Term less than 5 years and other policy term less than 10 years! However, the maximum age for paying premium in this (Life Insurance Corporation of India) policy will be 70 years!

No surrender value will be available under Regular Premium option but it will be available in Single Premium. Whereas, Life Insurance Corporation of India with limited premium option added some terms and conditions! The premium amount will be different for men and women. Similarly, there will be a difference in the premium of a smoker and a non-smoker. The premium for a male will be higher than that of a female.

Similarly, a smoker will have to pay a higher premium than a non-smoker. The minimum premium installment under regular and limited premium option will be Rs 3000. While this Jeevan Amar Policy (LIC Jeevan Amar Plan) single premium option, the minimum premium premium has been kept at Rs 30,000!

Life Insurance Corporation

The maturity age of Tech Term Insurance Plan is 80 years! A single premium payment should be made for a minimum of Rs. 30,000! Regular and limited payment premium with a minimum of Rs. 3,000! If the LIC policyholder (LIC Jeevan Amar Plan) commits suicide within 12 months from the date of commencement of the policy, then no benefit can be claimed! LIC (Life Insurance Corporation of India) entertains claims up to 80% of the premium paid only!