LIC Amulya Jeevan 1

LIC Amulya Jeevan 1 (Table No. 190)

Amulya Jeevan 1 Summary:

Protect your loved ones from any unexpected surprises in life, any time with Life Insurance Corporation of India’s Amulya Jeevan. Amulya Jeevan 1 (Plan No. 190) is a Term Assurance plan with a minimum Sum Assured of Rs.25 lakh. This is a pure Term Assurance Plan like Anmol Jeevan 1.

Need Less than 25 lakh Term? Check: Anmol Jeevan 1 Pure Term Insurance


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, provided the policy is kept in force.

Income tax rebate:
The premium paid towards Amulya Jeevan 1 is eligible for tax deduction under section 80C of the Income Tax Act,1961.

Eligibility Conditions and Restrictions for LIC Of India’s Amulya Jeevan-I:

Minimum Age at entry: 18 years (completed)
Maximum Age at entry: 60 years (nearest birthday)
Maximum Age at maturity: 70 years (nearest birthday)
Policy Term: 5 years to 35 years
Minimum Sum Assured: Rs.25,00,000/-
Maximum Sum Assured: No Upper Limit
(Policies will be issued in multiples of Rs.1,00,000/- for Sum Assured more than the minimum Sum Assured)
Loan: Not available
Surrender Value: Nil
Dating Back: Allowed
Grace Period: 15 days

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

Cooling off period:
If you are not satisfied with the “Terms and Conditions” of the policy, you may return the policy to Life Insurance Corporation Of India within 15 days.

Example: Mr. LIC takes a policy for 25 years for Rs.50 lakhs.
(a) On survival till maturity, Mr. LIC will not receive any amount.
(b) On the death of Mr. LIC during the policy term, his nominee will get Rs.50 lakh S.A.

The Unique Identification Number (UIN) for LIC Of India’s Amulya Jeevan – 1 is 512N250V01.

Also Read  Link Aadhaar with your Insurance Policy, It's Compulsory.

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.

123 thoughts on “LIC Amulya Jeevan 1”

  1. i have an AMulya jeevan 1 plan no 190 of rs 25 lakh for two years. sir is there any category of soker or non smoker in that policy. because at the time of policy i did nt have smoking habit. but recently i have taken that habbit. sir will this afecct my policy? my dob is 28/08/1977.
    sir, i also intend to have another term plan from lic online of Rs 25 lakh. what should i do?please suggest me sir

  2. Hi, I have taken a home loan of Rs.20,00,000/-. I want a risk cover for the same. Kindly advice me what term assurance plan I can take and the premium thereof. I want a premium paying period up to age 64 years, I am 54 years old. My DOB is 20/01/1960. what will be the premium. please e-mail your reply.

  3. Arvind kumar dubey

    Dear Praveen & sanjay table no. 90 is Good for you , for more details Please call me on 9716618942 Delhi

  4. Hi, I am 51 years old. My DOB is 19/05/1962. I have taken a home loan of Rs.20,00,000/-. I want a risk cover for the same. Kindly advice me what term assurance plan I can take and the premium thereof. I want a premium paying period up to age 65 years, that is from now 14 years. Thanks in advance. Alternatively, what will the One time premium.

    1. Arvind Kumar Dubey

      Dear Sir,
      as per your need your premium will be 23450/year OR 11960/half year, OR one Time single premium 210675 Only, this is for 14 years term plan. for more details call me on 9716618942 Delhi.

  5. My age is 35 years. which type policy sould i sutable four me?
    please suggest?
    thanking you

    1. Arvind Kumar Dubey

      Dear friend , please give your details like your need, responsibilities & dependent family etc, after that we will advice you for a great LIC Policy , you can call me at 9716618942

  6. I AM 42 YRS OLD WITH 4 KIDS. Three girls of age group 7,4 & 4. Son age 1 yr. Please recommend a sensible policy which has to take care of my kids future, I mean their education, marriage & thier well being.

  7. i get 25lakh ka policy.I pay premium in 1 date of birth is 15/8/1969.i get my single premium amount detail. table no 190 & benefit detail please.

  8. i am 36yrs. send me quotation for online term insurance for 50lakhs&25 lakhs for the period of 25 years

  9. I’ve taken LIC Amulya Jeevan Policy and ICICI I Protect term policies in the year 2010. Subsequently I’ve been diagnosed with HIV+. In case of death due to HIV/AIDS if sum assured shall be paid to the nominee?

    1. Since you have already bought Amulya Jeevan, makes it clear that you had undergone medical tests and have been found to be fit. Now, the plan covers death and death only.The reason of death is not important (except for suicide in first year of the term). I think there should be no problem for LIC , but confirm it. There are people, I know who are HIV +ve and living a normal life like anybody else, so cheer up everybody is going to live for some period only.

  10. I am interested in taking a term insurance plan from LIC , Jeevan Amulya of sum assured 50 lakhs. Since I am a NRI and is staying at Doha presently pls let me know whether I am eligible to apply for the policy and am I entitled for SA in case of any evantuality. Please guide me steps I should follow to get a policy during my visit to India on the 2nd week of January 2013.

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