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LIC SIIP Plan - 752
LIC SIIP 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 | : | 65 years |
| Maturity | : | 10 years / 25 years |
| Premium paying term | : | 10 years / 25 years |
| Minimum Premium | : | Rs.3,500 Per MonthRs.42,000 Per Year |
| Maximum Sum Assured | : | No limit |
| Premium payment mode | : | Yearly / Half yearly / Quarterly / Month |
| 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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