LIC JEEVAN LAKSHYA

USPs of Table No 933

Suitable for child aged 0 to 12 yrs
Education is secured
Maturity is guaranteed
Premium waiver benefit
Safe, secured & guaranteed
Limited Payment

ELIGIBILITY & RESTRICTIONS in LIC JEEVAN LAKSHYA

Particulars	MINIMUM	MAXIMUM
Age of Child	0 yrs	12 yrs
Age of Father/Mother	18 yrs	50 yrs
Term	13 yrs	25 yrs
Sum Assured	1,00,000	No Upper Limit

Maturity Benefit : On completion of the policy term, Guaranteed Sum Assured together with Vested Reversionary Bonuses and Final Additional Bonuses will be paid

Death Benefit: If the proposer (father/mother) dies during the term of the policy, the maturity benefit as mentioned above will be given to the child at the end of the term in LIC JEEVAN LAKSHYA. No premium will be charged from family.

Premium waiver benefit: In case of death of the proposer (father/mother) during the term of the policy, all future premiums will be waived.

Education is secured : In the event of death of the proposer, an annual amount of 10% of the sum assured is paid to the child to meet the educational expenses of the child.

Tax Benefit : Premium paid in this plan is tax free U/S section 80C and maturity is also tax free under section 10.10(D).

Loan : Loan is payable in LIC JEEVAN LAKSHYA after 3 years.

Surrender : Surrender is applicable in LIC JEEVAN LAKSHYA after 3 years.

ILLUSTRATION OF LIC JEEVAN LAKSHYA