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, no amount will be paid to the Policyholder.
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.
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.
What is the limit upto which medical test is not required, if age is below 35
plz send your mail id will send you details
I am Accounts Professional I want term Insurance plan with my life
pls send me details
my DOB is 01-09-1976
Required Sum Assured 25 Lacks
Plan Term Plans
Term Max years atleast 30 Years
My salary is 15000/- PM
In case of Amulya Jeevan I from LIC, what happens if the policy holder becomes Permanent Diasble due to an accident within term of policy. Will the policy continue ? and what about the payment of premiums? I mean is there premium wavier rider available in this policy….
i am house wife .can i take term assurance plan for 35 year for 2500000 my date of birth 11december1978.but premiun will be paid by my husbund who is govt. employee.can you tell me what will be my premium for above amount
Amulya Jeevan – 1 —does it cover all illness. Kindly confirm the same.
i want purchase insurance for my homeloan protection pl. advise
Most of the Home loan covers Insurance now a days. If you have not opted for Insurance cover while applying for Home Loan then you have the option to choose any LIC Policy that can cover the Outstanding home loan.
Please provide your contact details, Date of Birth, Loan amount, EMI etc to info at mypaisa.in I will arrange a callback.
for the calculations please tell where to calculate the premium amount for30 lacs and 50 lacs amount of sa in amulya jeevan? And even in other policies?
Sure, you can calculate your Premium at: https://mypaisa.in/premium.html
My Age is 36 Years. I want to take term Plan of LIC. Out of two plan Amulya Jeevan & Anmol Jeevan, which one will be better for me. I nees 25 Lacs sum insurance for 25 Years.
Both the policy will give you same benefit. Amulya Jeevan 1 is for 25lacs and above where as Anmol Jeevan I is for sum assured between 5lacs-25lacs.
please show table no190