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New Endowment Plan (814)

LIC's New endowment Plan (814) is a regular premium, Non linked, with profits endowment plan.

Premium payment be made Monthly (by ECS), Quarterly, Hallf yearly and Yearly as suits you better.
Gifts available for Yearly payers by us.

Term: Minimum 12 and maximum 35 years.

Entry Age: Minimum 8 years and maximum 55 years.

Minimum Sum can be Assured Rs.1,00,000/-

Accidental Death & Disability Benefit Rider available.

Policy Benefits :

On Death :
Sum Assured + Vested Bonus + Final Additional Bonus (Loyalty)

On Survival :
On survival Basic Sum Assured + Vested Bonus + Final Additional Bonus (Loyalty)

Surrendered Value :
The Policy can be surrendered after at least 3 full years premiums have been paid.

Loan :
Loan Facility is available after payment of premiums for at least 3 full years.

Income Tax Benefit :
• Premium paid under this plan is eligible for deduction under section 80C of Income Tax Act, 1961.
• Maturity under this plan is free under section 10(10D) of Income Tax Act, 1961.

For more details........