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.
my father is now 52yrs can he open amulya jeevan for 25lacs for 25 yrs.if yes please let me know the conditions
I will complete 41 years on 18/11/2010. I want to buy Amulya Jeevan-I for Rs.40 Lakhs. During the last two years I bought a policy of Rs.40,000 (single premium-wealth plus) only. Considering the above please inform me what are the medical tests I have to qualify.
Hi
My salary is Rs. 15000 per month. I want high amount in short term insurance. Have u any plant.
Please mail me on my id. rashidglobal@yahoo.com.
i want to take a term insurance of 50lacs for 15years what will be the premium for that.
My D.O.B:03-05-1988
My D.O.B is 05.01.82, I want to take a term insurance of 25 lacs. What will be the premium ?
There are few LIC policies in which S.A. will be returned only after maturity date by LIC eventhough the person expired during policy term.
After how long, nominee will receive S.A. for jeevan amulya policy?
when the produce a death certificate.
Recently I have purhcased LIC amulya Jivan Policy. I have been allotted the Policy Number by LIC for 50 L. Now I want to purhcase another LIC of 25 Lakhs of Amulya Jivan. Whether the same medical tests will be conducted again by LIC. I have undergone Medical test in June 2010.
My D.O.B is 21.05.1986. I want to take a term insurance of 50 lacs. What will be the premium ? What are the terms and conditions ? What are the formalities and documents required ?
Can you send me detailed brochure for this policy ? Do I have to mention the period and what is the maturity procedure ? kindly let me know as early as possible.
Premium Rs. 14,050 yearly. Term 35 yrs
Docs: ID/Age proof, Residence proof, Income proof, Photo and Cheque.
plz info best policy for 50lakh cover for 11yrs wit annual premium.
also info if policy holder survives even after maturity how much policy holder wil get?
Age-32
DOB-20/04/1977
Marital status-Married , Have one male child.
I want to take term insurance plan. My choice is Amulya jeevan.
My query fot the product are the following:
Does Amulya Jeevan/Anmol Jeevan cover the following:
-Suicidal Death
-Accidental Death
-Death due to crtical illness
-Natural death before expiry of policy
-Death due to war, Terrorist attack.
-Death during travelling(Air crash/ train/bus clash)
-Death in abroad due to any of the above following circumstances.
-Due to natural disaster(Earth quake/ Floods etc.)