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
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, 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.
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.
i am an officer in the merchant navy and want an insurance plan which covers me even when i am working on ship and abroad. the insurance plan can be term insurance or also a plan with returns on maturity. please suggest which plan to go for. my age is 24. policy of about 1-2 crores.
my dob- 19/09/1981,i want to go for Best Term policy..for 2cr.
and for max years…pls send me more details about the same on my email —- mphadatare@blueoceansys.com
i am 23yrs. send me quotation for online term insurance for 50lakhs&25 lakhs for the period of 35 years
IF interested in taking any LIC policy in West UP, or if you just want to know about any LIC policy, please send me a message.
I AM A LIC AGENT ON JAMNAGAR GUJRAT IF ANYONE WANT TO GET THIS PLAN CALL ME MY CELL NO 9898626382 58, DIGVIJAY PLOT , JAMNAGAR GUJRAT
this is with relation to Amulya jeevan 1. how does the premium vary for a smoker and non smoker . in case at the time of death insured was a smoker , how would the LIC take this claim.
What will be the Premium amount yearly, for Amol jeevan 1 and Amulya jeevan 1, Amount 25 Lacks, Term – max possible, My Date of birth – 5Jan 1979 and wife’s birth day – 10 Jan 1984. Calculate for both seperately. confirm is it possible for joint?
Sir
D.O.B 20/02.1980. mr selary is Rs 35000/ in need insurence for20 lec and abuve what was the my premium.
Harendra bhai patel
9818128102
I want to take term plan policy
My annual income is 6lkhs and I want a high value term plan with death benefit only. My age is 30 years now however I am overweight and have high BP. Please tell me if I am eligible and what is the max policy amount I can opt for??