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LIC Nivesh Plus Plan - 749
LIC Nivesh Plus plan is an individual non-linked life assurance savings plan which gives you the benefits of both insurance and investment in the same plan itself.
| Eligibility Conditions & Restrictions | ||
|---|---|---|
| Minimum age | : | 0 years |
| Maximum age | : | 70 years |
| Maturity | : | 5 years / 25 years |
| Premium paying term | : | Single Premium |
| Minimum Single Premium | : | Rs.1,25,000 |
| Maximum Sum Assured | : | No limit |
| Premium payment mode | : | Single Premium |
| On Death | : | Sum Assured + Bonus |
| Income Tax Benefits | : | (i) Premiums paid are eligible for Tax rebate u/s 80c (ii) Maturity amount / Death claim is Non taxable u/s 10(10d) |
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