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Accidental death AND disability benefit: On death arising as a result of accident an additional amount equal to the Accident Benefit Rider Sum Assured is bally slot machine sale 742 payable.
Auto-cover facility: If at least two full years premiums have been paid in respect of this policy, any subsequent premium be not duly paid, full death cover shall continue for a period of two years from the date of First Unpaid Premium(FUP) or till the.During the extended term: Payment of an amount equal to 50 of Sum Assured under the Basic Plan on death of the Life Assured during the extended term provided all the premiums under the policy have been paid.9, miscellaneous: loan Available after the policy acquires paid-up value (at least three full years premiums have been paid).The bonus rates will be based on three criteria.The below reversionary bonus rates are applicable for policy year entered upon during the inter valuation period.e.The rate of interest to be charged for loan amount would be determined from time to time by the Corporation.Special Surrender Value will be calculated using the surrender value factors as applicable in the case of Endowment Plan and paid-up value as defined above.This amount shall be called as Paid Up Value.For policy term 12 years : 15 of the Sum Assured under Basic Plan at the end of each 4th 8th policy year For policy term 16 years : 15 of the Sum Assured under Basic Plan at the end of each 4th, 8th 12th.How to calculate returns for your LIC policy?Age 25; ; Mode Yearly Premium Tax Saving Net Premium 4 Yr Prem Soss/Gain (-) The example proves that after the premiums are paid for First 4 Years and the SB is received the policy can be financed from the SB amount.
Presently the rate of interest is.a.