Baliram Kumar Chief Life Insurance Advisor & CM Club Member, LIC Agent. Shiv Mandir, Rajendra Path New Godown, Gaya-823002 Mob - 9934690332 / 8002877978 Email – [email protected] Website – www.licagentgaya.com. LIC’s NEW ENDOWMENT PLAN Table No. 814.
Modified ‘Sum Assured on Death' instead of SA.
What is Sum Assured on Death?
Sum Assured on Death shall be Higher of ~
Basic Sum Assured (BSA)
10 times Annualised Premium.(10 x AP).
[*The premiums mentioned in death benefit are excluding taxes, extra premiums and premiums for riders, if any]
Eligibility Conditions and Restrictions
Age at entry modified
Policy term modified
Minimum Sum Assured Modified
Slab & Rate modified
% of loan modified
GSV % modified
No change in SSV
Changes over Table No.14