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 57 yrs , can i take cover for 25 lacs or more ?
If yes can u pls give the details:
1. yearly premium / single primum
2. other requirements like medical checkup cost / tests to be done and whose a/cs
3.are their any policies for children age group 10-15 yrs with low premium high risk cover ?
kindly advise
Thanks
v s hinde
Hi,
I wanted to opt for LIC-Amulya Jeevan life insurance policy. But recently I have gone through a major surgery in which my left Kidney was removed out due to tumor (cancerous) detected in very initial stage, now I am healthy and 100 % safe as per doctors.
Please let me know can LIC allows to me opt any term insurance policy?
Quick response is appreciable.
Thanks,
Amit
i need ‘amulya jeevan-table 190’ and ‘anmol jeevan-164’.
my D.O.B. Is 11 / 6 / 1972, i had taken a home lone 42 lac whose primium is 42000 for 20years . i want to take a such policy which cover my home loan liability as well as my life insured. what is about amuly jeevan 1
my age is 52. I need a term plan worth 15lacs. which policy would i take?
my policy no. is 171294848 dated 28/10/1999 please about me my account.
i m doing job in private sector my salary is 3.5 lac p/yr
i n planning for risk cover 25 lac.
my DOB is April 1987.
how much premium or which policy is beneficial for me.
HI ,
Want to take term insurance for 45 Lakhs .I am 31 now and want it for 30 yrs so please.let me know if what premiums need to be paid.also please suggets me if for this medical is needed.
thanks and Regards
np
i am a govt employee. dob- 31/01/1977. i wish to buy a term plan for rs 7500000.which will be the best plan? how much premium i’ve to pay annualy? does it cover illness or death due to illness ? whether medical check up required or not ?
Details of child education plan