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.
please tell me,
amulya jeevan 1 (190) covers accidental death benefit
Yes, it covers.
I am planning to go for LIC’s Amulya Jeevan – 1 to cover my home loan. I need a cover for Rs. 50 Lakh for 20 years. My date of birth is 21st March 1973. Please advise the following :
1. Any riders like disability / critical illness / accident etc are there in this policy
2. What are the medical tests required to be undergone ?
Hi, My DOB is 15-DEC-1978. For 20 yr term assurance policy, Anmol Jeevan for SA 24L has premium 8850, but Amulya Jeevan SA 25L has premium ~7400. Can you please tell why the premium is less when the SA is more? (SA – Sum Assured)
Thank you
Whats the difference between Anmol Jeevan & Amulya Jeevan. Why does the premium for Rs 25 lakhs SA varies between both of them for same tenure and age
I need a pure term policy to cover my life risk as well as my home loan amounting INR 5000000 on reducing balance basis.
My EMI is INR 46217 for 16 yrs.
My gross annual income is INR1600000.
As I know from yr website, it seems only AMULYA JEEVAN-1 serves this purpose. But would there be any difference on premium if I take the policy on a reducing balance basis.
Pls. advise.
I need your suggestion for a good policy for my wife (house wife-38 yrs) and CHILD PLAN policy as well.
Dear Loknath, Table no 190 is very good for your need for more details call me on 9716618942 Delhi
Right, Amulya and Anmol jeevan is your option. Get 50 lakh term insurance to cover your home loan liability. Let me know, your age to calculate premium.
I am planning to take amulya jeevan for 30lacs/35years. Please let me know if the insurance is convered in case of accidental death or any other form of death.
Yes, its covered.
#Matter urgent please#
I plan to take amulya jeevan 25 to 30Lakks, my age is 34 yrs. Please list out details of medical tests required to be carried out. Does it involve cancer / HIV / TB. Please reply urgently
#Matter urgent please#
Medical Test:
FBS, Lipidogram, Elisa for HIV and Hb%
i have taken loan 1200000/- from lic housing fin.my date of birth is 30june78. i have taken loan for 25years.please tell me what should be my premum amount
Rs.5275 yearly premium.
i have taken loan 120000/- from lic housing fin.my date of birth is 30june78. i have taken loan for 25years.please tell me what should be my premum amount.
Are you sure its Rs.120000? or its 12 lakh?
I want to cover my home loan of Rs25,00,000/- with in a term of 12 years.
I will be 48 in 1st July.
I plan for Amulya Jeevan -I term end policy for the coverage.
Will it be a better choice ?
I also look for a Home loan mortgage reducing balance term policy.Please let me know about it.
Please send the EMI I need to pay for 12 years term , 25.00.000/- for Amulya Jeevan and any other details by email as early as possible.
Thanks.
S.K.Das
Of course this is best choice to cover your loan risk. Your Premium would be Rs.17000/- yearly.
Your yearly premium would be Rs.17,000/-