INSUBCONTINENT EXCLUSIVE:
LIC New Jeevan Anand policy can be purchased with a minimum sum assure of Rs 1 lakh.Life Insurance Corporation (LIC) of India, the country's
largest life insurer, offers a variety of endowment plans
LIC's New Jeevan Anand policy offers a combination of protection and savings, according to the insurance major's website -
Endowment insurance products are different from the usual term insurance policies which mature in the event of death of an insured person
Endowment plans offer savings along with the protection of the insured person for a chosen policy term period
Policy premium, pension and other details)The policy can be purchased with a minimum sum assure of Rs 1 lakh and it has no upside limit for
Labh Policy - premium, benefits, sum assured and other details)Below are premium rates per Rs 1,000 of the basic sum assured (excluding
GST):Policy Term (in years)Age (in years)1525352079.0544.3029.953082.4546.7532.304088.2051.4037.105097.7059.65licindia.inIf premiums are not
paid within the grace period then the policy will lapse
A lapsed policy can be revived within a period of two consecutive years from the date of first unpaid premium but before the end of policy
term on payment of all the arrears of premium together with interest, LIC noted on its website.Get the latest election news, live updates
and election schedule for Lok Sabha Elections 2019 on TheIndianSubcontinent.com/elections
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