Home | About us | Policies | For NRI | Tax Saving | Investment | Loans | Contact us
Enter Your Details to
Receive a Call
NAME
MOBILE
EMAIL
REQUIREMENTS
 
  All Insurance Plans | Endowment Plans
 
LIC Insurance Plans
LIC Pension Plans
LIC Unit Plans
With Drawn Plans
LIC Pension Plus
Share
LIC Samriddhi Plus
LIC Bima Account 2
LIC Bima Account 1
LIC Kids
Endowment Plans
Children Plans
Money Back Plans
Unit Plans(ULIPs)
Pension Plans
Health Insurance
Plans High Worth Individuals
Whole Life Insurance
Term Plans
Anmol Jeevan-I
Amulya Jeevan-I
LIC Women Policy
 
 
Enquiry
Resident
Indian NRI Indian
City
Name
Mobile
Date of Birth
Email
Your Requirements
 
 
 
1. What Is Life Insurance ?
2. Tax Saving
3. Loan
4. Life Insurance Vs. Other Savings
5. Who Can Buy A Policy?
6. Key man Insurance
7. History of Insurance
8. Revival of Lapsed Policy
9. Policy Status Payment of Premium.
10. Life Insurance Guides
12. Life Insurance tips
12. Best Plans of LIC
 
LIC’S ENDOWMENT PLUS (Plan No. 802):
  LIC’s Endowment Plus (Table No.802) is a unit linked Endowment plan which offers investment-cum-insurance during the term of the policy.
  You can choose the level of cover within the limits, which will depend on mode and amount of premium you want to pay.
 
LIC Endowment Plus Plan Features at Glance
  Critical Illness Benefit
  Accident Benefit
  Partial withdrawals
  Loan on policy
 
BENEFITS
a) Benefits payable on death:
  In case of death of the policyholder when the cover is in full force, the nominee shall be
eligible to get higher of Sum Assured under the Basic Plan and the Policyholder’s Fund Value
as at the date of booking the liability. The liability shall be booked after receipt of intimation
along with death certificate.
b) Benefits payable on maturity:
 

On maturity the policy holder will receive an amount equal to the his Fund Value.
Accident Benefit Rider Option:
Accident Benefit (AB) can be availed of as an optional Rider benefit by paying an additional premium of Rs.0.50 for every Rs.1,000/-
The Policyholder will have the option to choose any 1 of the below 4 Funds:

Bond Fund, 2. Secured Fund, 3. Balanced Fund, 4. Growth Fun

 
MODES OF PREMIUM PAYMENT
  Regular premium can be paid either in yearly, half yearly, quarterly or monthly (ECS) installments.Min. premium Rs. 20,000/- yearly or Rs.1750 per month by ECS mode.
Single Premium is also allowed under LIC Endowment Plus plan. Minimum onetime Investment Rs.30,000/-

Eligibility and other conditions for LIC Endowment plus Table No. 802:
For Basic Plan
a) Minimum Basic Sum Assured:
  Regular Premium policies: (Policy Term +1) times the annualised premium
  Single Premium:
For age at entry below 45 years: 1.25 times the single premium
For age at entry 45 years and above: 1.10 times the single premium
b) Maximum Basic Sum Assured
  Regular Premium policies:
30 times the annualized premium, if age at entry is upto 45 years
25 times the annualized premium, if age at entry is 46 to 60 years
Single Premium Policies:
If Critical Illness Benefit Rider is not opted for:
5 times the Single premium, if age at maturity is upto 65 years.
3 times the Single premium, if age at maturity is 66 to 70 years.
If Critical Illness Benefit Rider is opted for:
5 times the Single premium, if age at maturity is upto 55 years.
3 times the Single premium, if age at maturity is 56 to 60 years.
c) Minimum Premium:
  Regular premium (other than monthly (ECS) mode): Rs. 20,000 yearly
Regular premium (for monthly (ECS) mode): Rs. 1,750 p.m.
Single premium: Rs. 30,000
d) Maximum Premium:
  Regular premium: Rs. 1,00,000 p.a.
Single premium: No Limit
Annualized Premiums and single premium shall be payable in multiple of Rs. 1,000 for
other than ECS monthly. For monthly (ECS), the premium shall be in multiples of Rs. 250/-
e) Minimum Entry Age: 7 years last birthday
f) Maximum Entry Age: 60 years nearest birthday
g) Policy Term : 10 to 20 years
h) Minimum Maturity Age: 18 years completed
i) Maximum Maturity Age: 70 years nearest birthday
  Age at entry for the policyholder is to be taken as age nearest birthday except for the
minimum age at entry i.e. 7 years.
Fund Switching:
  Within a given policy year, 4 switches will be allowed free of charge.Top-up Premium: Not allowed.
Partial withdrawals: A policyholder can partially withdraw the units at any time after the fifth policy anniversary and provided all due premiums till date of partial withdrawal have been paid.
LOANS:
  Loan will be available under this plan subject to the following conditions:
• Loan will be granted under the policy after completion of three years and provided all due premiums have been paid.
• Policy Loan will be available to the extent of 30 % of the Policyholder’s Fund value.
• No Partial Withdrawal will be allowed if any loan is outstanding.
• If the Fund Value at any time is less than or equal to the loan outstanding along with interest thereon, the policy will be compulsorily terminated.

  How to Apply for LIC Of India’s Endowment Plus? Apply (Chennai only)
  Life Insurance India: We service are Life Insurance Corporation of India's authorised insurance agents. If you are looking for Lic Investment plan, Life Insurance, Lic Jeevan Anand, Lic jeevan saral you can contact us and we will be more than happy to assist you in your New Lic Policy
As a full-service lic agency, our duty is to provide the latest products to our clients, as Lic agents, it is our accountability to offer you. We provide high quality service to all our customers.Good way to find an Lic agent, when talking to an lic agent, show them a bit of intelligence in speaking and knowledge of insurance matters.
Related Services
LIC
Lic Life Insurance
New Lic Policy
More Lic Agent in Chennai »
Help customers find you on Best lic policy Buy in Chennai
   
   
 
Home | About Us | Policies | For NRI | Tax Saving | Investment | Loans | Contact Us
Website designed by 360degreeinfo
Lic india
Lic india chennai
lic agents in chennai
life insurance corporation chennai
lic for child
lic in chennai
Health insurance in chennai
lic pension plans
best lic agent in chennai
Life Insurance Policies
what is policy
car insurance in chennai
 
 
Insurance chennai
Home Insrance in chennai
Vechicle Insurance in chennai
Latest Lic Policies
whole life policy in chennai
life insurance Quote
Life Insurance Brokers in chennai
Cheapest Life Insurance in chennai
Best Life Insurance in chennai
Health Insurance agents in chennai
Insurance companies in chennai
Best Insurance policy in chennai
 
 
Life Insurance Companies
life insurance in chennai
Medical insurance in chennai
best health insurance in chennai
Health insurance policies in chennai
travel insurance in chennai
insurance
dental insurance in chennai
health insurance coverage
health care insurance
home insurance in chennai
policy
child insurance policy in chennai