LIC’s NEW ENDOWMENT PLAN Table No. 814. LIC’s New Endowment Plan – Benefits. No change. Modified ‘Sum Assured on Death' instead of SA. LIC’s New Endowment Plan – Benefit on Death. What is Sum Assured on Death? Sum Assured on Death shall be Higher of ~ Basic Sum Assured (BSA)
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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