LIC Term Plan Anmol Jeevan-II

LIC Term Plan Anmol Jeevan-II

LIC Term Plan Anmol Jeevan-II

Lic Anmol Jeevan 2 (lic table no 822) is the most economic pure life insurance plan. Lic Anmol Jeevan policy will covers your life and protect your family form unfortunate things.LIC  policy no 822 is a term insurance plan.In this plan, the nominee will get the entire Sum assured if the life insured dies during the policy term.LIC term plan is regular premium paying policy which is very useful to every customer.

Key Features of LIC Anmol Jeevan II Policy

  • Pure term plan with only death benefit
  • Sum Assured of Rs.6 to Rs.24 Lakhs can be opted
  • There is no maturity benefit in this plan
  • Tax benefits available




LIC Anmol Jeevan-II plan 822 Parameters

Age: Min. age :  18 years (completed)

Max. age:  55 years (nearest birthday)

Policy Term: Min. Policy Term:  5 years.

Min. Policy Term:  25 years.

Max. Risk Cover ceasing age: 65 years (nearest birthday)

Sum Assured: Min. Sum Assured:  Rs. 6, 00, 000/-

Max. Sum Assured: Rs. 24, 00, 000/-

Premium Paying Mode:  Yearly, Half Yearly.

Benefits from LIC Anmol Jeevan 2 Insurance Plan

Death Benefit – The Sum Assured is paid to the nominee on death of the Life Insured during the policy term.

Maturity Benefit – No benefit is payable on maturity as this is a pure protection plan.

Income Tax Benefit – Income Tax Benefits available on Paid Life Insurance Premium under Section 80-C & Death Benefit will also be tax free u/s 10(10d).

Benefit Illustrations

An example of AMIT who is purchasing this Plan with following details.

Sum Assured: Rs.24,00,000
Policy Term: 25 Years
Policy Purchase Year: 2016
Age: 30 Years
Yearly Premium: Rs. 9728/-

Year-wise Death Claim

If death happens during the policy term Before 25 years,Sum Assured Rs. 2400000/- will be paid to nominee and it is indicated as Normal Life Cover or accidental death.

Year Age Risk Cover Normal Premium Tax Saved Net Premium
2016 30 2400000 9728 2549 7179
2017 31 2400000 9728 2549 7179
2018 32 2400000 9728 2549 7179
2019 33 2400000 9728 2549 7179
2020 34 2400000 9728 2549 7179
2021 35 2400000 9728 2549 7179
2022 36 2400000 9728 2549 7179
2023 37 2400000 9728 2549 7179
2024 38 2400000 9728 2549 7179
2025 39 2400000 9728 2549 7179
2026 40 2400000 9728 2549 7179
2027 41 2400000 9728 2549 7179
2028 42 2400000 9728 2549 7179
2029 43 2400000 9728 2549 7179
2030 44 2400000 9728 2549 7179
2031 45 2400000 9728 2549 7179
2032 46 2400000 9728 2549 7179
2033 47 2400000 9728 2549 7179
2034 48 2400000 9728 2549 7179
2035 49 2400000 9728 2549 7179
2036 50 2400000 9728 2549 7179
2037 51 2400000 9728 2549 7179
2038 52 2400000 9728 2549 7179
2039 53 2400000 9728 2549 7179
2040 54 2400000 9728 2549 7179
2041 55 0 0 0 0

Additional details of LIC Anmol Jeevan 2 LIC policy 

Loan Facility: No loan available under LIC Bima plan 822.

Riders: No riders are available for this plan.

Paid-up Value: Amulya Jeevan-II will not acquire any paid-up value.

Surrender Value: No surrender value.

Policy Revival: Policy can be revived before 2 years from date of First Unpaid Premium.

Suicide Clause: If insured commit suicide before 1 year he will be returned back 80% of premium what he paid.

Proposal Forms: Proposal Form no.300 will be used under this plan.

Cooling-off Period: If a policyholder is not satisfied with the Terms and Conditions of the policy,customer may return the policy with in 15 days from the date of receipt of this policy.

Back-dating interest: The policies can be dated back within the same financial year.

  • Assignments/Nominations: assignment and nominations is possible under this plan.

Calculate LIC Anmol Jeevan Premium

Services that I offer

  • New LIC Policy Quotes and Completion
  • Complete guidance
  • Doorstep Premium Collection Service
  • Personalized Policy Recommendations
  • Renewal / Revival of Lapsed Policies
  • Human Life Value Calculation
  • Life Time Services

FOR MORE INFORMATION PLEASE CONTACT -:

BASPA NAND PANCHOLI

CON.9891009400

 Emailbasupancholi@gmail.com

To know about LIC Plans please visit our website

www.licbestplan.in

Office Address:-25,KG,Marg,Jeevan Prakash Building.

LIC of India,Branch Unit-117.

3rd floor,C.P. New Delhi-110001.



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