LIC Anmol Jeevan 1

LIC Anmol Jeevan 1 Table No. 164

Term insurance is often the most inexpensive life insurance solution. Term insurance is recommended by most investment and financial experts.

Anmol Jeevan-I Summary:

Life Insurance Corporation Of India’s Anmol Jeevan-I (Plan No. 164) is a unique plan of assurance, by far the cheapest policy to buy; cheaper than even a whole life policy to start with.  Anmol Jeevan-I is a pure term cover that provides only life cover, unlike endowment and money-back policies which have a built-in saving element too.

Anmol Jeevan 1

Benefits:

On Maturity:
On Maturity, no amount will be paid to the Policyholder.

On Death:
On the death of the policyholder during the policy term, S.A. will be paid to the nominee.

Income tax rebate:
The premium paid towards Anmol Jeevan-I is eligible for tax deduction under section 80C of the Income Tax Act,1961.

Eligibility Conditions and Restrictions for Anmol Jeevan-I:

  • Minimum Age at entry: 18 years (completed)
  • Maximum Age at entry: 55 years (nearest birthday)
  • Maximum Age at maturity: 65 years (nearest birthday)
  • Policy Term: 5 years to 25 years
  • Minimum Sum Assured: Rs.5,00,000/-
  • Maximum Sum Assured: Less than 25,00,000 /-
    (Policies will be issued in multiples of Rs.1,00,000/- for Sum Assured above the minimum Sum Assured)
  • Loan: Not available
  • Surrender Value: Nil
  • Dating Back: Allowed
  • Grace Period: 15 days

Payment Of claims:
No Claims concession will be applicable to this Policy.

Mode of Premium :
The premium can be paid either in Yearly, Half-yearly & Single Premium.

Example: Mr. Ashok takes a policy for 20 years for Rs.20 lakh sum assured.
(a)
On survival till maturity, Mr. Ashok will not receive any amount.
(b) On the death of Mr. Ashok during the policy term, his nominee will get Rs.20 lakhs S.A.

Also Read  Pradhan Mantri Jeevan Jyoti Bima Yojana

Don’t like the Term plan? Check out: Jeevan Anand whole life endowment Plan

The Unique Identification Number (UIN) for Anmol Jeevan-I Plan is 512N213V01.


Update: Anmol Jeevan-I Plan No. 164 Has Been Discontinued.


Note:
The above is the product summary giving the key features of the plan. This is for illustrative purposes only. This does not represent a contract and for details please refer to your policy document.

  1. Dear sir,
    I am 40year old. please tell me Premium of Jivan Anmol Table (No. 164 )
    and Jeevan Amulya
    Amount Rs. 20 Lac, Period 20yr
    Amount Rs. 20 Lac, Period 15 yr.
    Amount Rs. 20 Lac, Period 10 yr.
    Amount Rs. 2o lac , Period 5 yr.

    thank you

  2. My Birth date is 28/5/79
    I nedd Anmol Jeevan 1 For 30 years
    S A 3000000
    what will be premium

    for wife
    Birth date 14/04/84
    anmol jeevan 1 for 30 years
    S A 2500000
    Give Primium Details

  3. my age is 25 years i want 50 lac term plan for 25 years tell all requirment with premimium

  4. sir ,
    my date of birth is 07.11.1987.
    i want to take a term plane like lic anmol jeevan1 .
    time 25to 35 year
    amount 10000000.
    plz. tell me anual premium.?
    plz. tell me detail of this plan?
    can i get discount of premium on online pament ?

    plz send me thease informations

    thanks & regards
    indrapal singh

  5. my date of birth 23/11/1984, what will be my premium for anmol jeevan for 10 yrs plan for 20 lack.

  6. Dear Sir,

    I opened an LIC policy Jeevan Saral through Allahabad Bank for a premium of Rs. 255 by ECS. After few months bank stopped deducting amount towards my policy.
    I enquire about this to Bank and Lic both by letter. LIC replied me that Bank told them that, insufficient balance in my account thats why premiums was not paid in my policy.
    But thats wrong, i am maintaining sufficient amout in my account.
    I paid my due premium to LIC counter for 3 months with a penalty of Rs. 135 extra. From next month onwards bank started deducting amout towards that policy.
    Now i want that Rs. 135 back what i have paid without any of my mistake/fault.
    How i will get it back?
    can/should I go to consumer court against that bank for not respecting my ECS order?
    Pls Reply ang guide me.

    Regards,

    Debraj Choudhary

    • Ask for your bank statement from Allahabad bank and analyze if there were sufficient balance in your account. LIC can’t do anything if your bank refuse to pay ECS.

  7. Dear Sir,

    I am Bijon Mondal 36+ age and want to know what will be my premium for anmol jeevan policy of an amount 10 lac for 25 years? As i am working in shiping line, the policy will cover me at sea also?

    Regaards,

    Bijon Mondal

  8. i want to buy a term plan policy for 5000000 (fifty lac). my age is 46 yrs,which policy will be best for me.Aegon religare has very low premium as compared to lic ANMOL JEEWAN, WHY IT IS SO ?

  9. pls send me details of jeevan mitra tripple risk cover

  10. My age is 31 year Bdate is 02/12/78.
    tell me premium for anmol jeevan for 10 lac for 25 years and is there any need for medical checkup

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