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.
Hello,
Want to go for Amulya jeevan 50 lacs -25 yrs,for my husband…dob 20.03.1975… also want to know if taking a CI as a rider is better or shoud i go a for a separate CI plan…We reside outside India…whats the procedure and other documentations….
Ash
You can go for a separate health insurance for CI. For NRI procedures read this: –> http://www.lifeinsuranceindiaonline.com/nri-insurance/
Need to Inquiry about Term / Life Insurance Policies offerred by LIC. My Contact No is 9892849749.
Hi,
I am planning to take term Insurance Plan for Rs. 25.00 lakh, my DOB is 14.09.1974 , my Insurance agent told me that in case you opting for Insurance of Rs. 25.00 you have to undergo medical test. If you go for Rs. 10.00 Jeevan Anand, There is no need of Medical Check up. I am little diabetic.
Kindly advice which policy is better for me.
Both policies are good and serve different purpose.
Tell me Yes No whether Term Insurance covers following
Death due to
1. Air crash
2.Road accident
3.Natural Calamities
4.Terririst Attack
Gopal
my date of birth is 01-12-72, i want a term insurance from Lic, for a sum of 10 lakhs, upto the age of 70 years, how much premium i have to pay annually, what will be beneficial for me to pay annually or pay one time pl. suggests.
Your current age is 38 hence maximum term you can go for is 25.
Your premiums are 7,029 Yearly or 86,100 Single premium.
i am planing for LIC’s Amulya Jeevan 1.
plase send me preimum for 25 lakhs sum assure.
my age is 34 years.
thanks,
In absence of term I have consider it for 25 years.
Your Premium would be Rs. 9,300/- yearly.
If you want to apply now then fill the form here: https://mypaisa.in/apply
Does Amt payble on Death covers War,Criminal Offence,aviation,HIV,AIDS,Drugs,Alcoholabuse etc? What are the exclusions except Suicide, which is already mentioned on the website?
Our agent will get in touch with you to complete your policy. Everything is covered but you need to go through a medical examination before LIC issue a policy to you.
I am planing for home laon. Please advise me which plan is suitable for protection against the home loan liabilty of Rs. 24 laks.
Hem Raj
09899287865
This is the best plan.
1. What all death will be covered by this policy? Does it cover
– Accident
– Disaster say like air crash/earthquake etc
– Critical illness
2. How long will the medical test take to complete?
3. What all riders are allowed along with this policy?
Can you send me detailed brochure for this policy?
This is term insurance which covers accident, death due to critical illness. Medical depends on your age, policy amount.
my d.o.b. is 24-12-1972. i am working for private sector and i want rs. 60 to 70 lacs after 25 years at minimum premium . for my requirement do you hav any policy if yes than pls mail me and hav i got accidental benifits?
I have sent you presentation.