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Plan No. 917
  • LIC’s Single Payment Endowment plan is a combination of Protection, Savings and Life Cover
  • This plan offers the guaranteed risk cover of 125% of Sum Assured from Day 1 which increases every year as LIC declared the yearly bonus
  • You will get the Sum Assured along with Yearly bonus and final bonus on Maturity
  • This plan has an option of choosing the Accidental Life cover & Disability Benefit
  • This plan also has the option of taking the Maturity proceeds in instalments as the policy-holder can choose the no of year as 5, 10 or 15.
  • In a similar way, the policyholder also has the option of choosing the death benefit in instalments.
  • LIC offer the discount in premium in case of high Sum Assured
  • The loan is also available to the policyholder after the completion of 1 year of the policy
  • Settlement option avilable on Maturity and Death in Installments of 5,10 or 15 Years
  • How Does This Policy Work
    Sample illustration
    Eligibility Criteria
    Min. Max.
    Age 90 Days (Completed) 65 Years (Near Birthday)
    Policy Term 10 Years 25 Years
    Premium Payment Term Single
    Basic Sum Assured Rs.50,000 No Limit
    Maximum Maturity Age 18 Years Completed 75 Years (Near Birthday)
    Rider LIC's ACCIDENTAL DEATH AND DISABILITY BENEFIT RIDER
    Rider LIC's NEW TERM ASSURANCE RIDER (TR)
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