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LIC Jeevan Amar Plan
LIC's Jeevan Amar plan is a Non-Linked, Without Profit, pure protection plan. It's a pure protection plan, offers life cover to the policyholder at a very affordable price and ensures financial support for the family in case of unfortunate death of the policyholder during the policy term.
| Eligibility Conditions & Restrictions | ||
|---|---|---|
| Minimum age | : | 18 Years completed |
| Maximum age | : | 65 years |
| Policy Term | : | 10 years to 40 years |
| Minimum Sum Assured | : | Rs.25,00,000 |
| Maximum Sum Assured | : | No Limit |
| Premium payment | : | Regular Premium |
| Loan | : | No loan will be permitted against the policy |
| Surrender | : | No surrender value within this policy |
| On Death | : | Absolute amount assured that will be paid upon the demise |
| On Maturity | : | No maturity benefit under this policy |
| Income Tax Benefit | : | Premium paid are eligible for Tax rebate u/s 80c |
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