LIC’s Yuva Term Policy Available From Today --Check Eligibility, Premium And Other Details
Life Insurance Corporation of India has announced the launch of its new products --LIC’s Yuva Term, LIC’s Digi Term, LIC’s Yuva Credit Life and LIC’s Digi Credit Life .
Life Insurance Corporation of India has announced the launch of its new products --LIC’s Yuva Term, LIC’s Digi Term, LIC’s Yuva Credit Life and LIC’s Digi Credit Life .
LIC’s Yuva Term Policy: Eligibility, Premium And Other Details
LIC’s Yuva Term
LIC’s Yuva Term offers:
LIC’s Yuva Policy Term and Premium Payment Term
LIC’s Yuva Term Eligibility
Minimum Age at entry : [18] years (Last Birthday)
b) Maximum Age at entry : [45] years (Last Birthday) c) Minimum Age at Maturity : [33] years (Last Birthday) d) Maximum age at Maturity : [75] years (Last Birthday) e) Minimum Basic Sum Assured: ` 50,00,000/-. f) Maximum Basic Sum Assured: ` 5,00,00,000/-* *The Basic Sum Assured above ` 5,00,00,000 (Five Crore) may be considered on case to case basis in accordance with underwriting decision as per the Board Approved Underwriting Policy subject to the decision of Reinsurer on acceptance/ Terms and Conditions for acceptance of such case.)
LIC’s Yuva Term: Basic Sum Assured in multiples of amount specified below
a. Basic Sum Assured range: From Rs 50,00,000/- to Rs 75,00,000/
Sum Assured Multiple: Rs 1,00,000/
b. Basic Sum Assured range: Above Rs 75,00,000/- to Rs 1,50,00,000/ Sum Assured Multiple: Rs 25,00,000/
c. Basic Sum Assured range: Above Rs 1,50,00,000/- to Rs 4,00,00,000/- Sum Assured Multiple: Rs 50,00,000/-
d. Basic Sum Assured range:Above Rs 4,00,00,000/- Sum Assured Multiple: Rs 1,00,00,000/-