Jeevan Labh Table No. 836
What is Jeevan Labh It is a endowment plan with life insurance and a premium holiday. The premium has to be paid only for 10, 15 and 16 years for plan tern chosen as 16, 21 and 25 respectively. With profits plan
About the plan Who can take this plan: any individual who is looking for a short term payment and long term insurance. What is the minimum premium: 650 per month What is the minimum term: 15 years
Example Age: 25 Term: 16/25 Sum Assured: 25/50 Premium: Benefit At death (during policy term): 25,00,000 / 50,000,000 At maturity: 1.25 crore
Other benefits Dual tax benefit: tax benefit on premiums under section 80 C and maturity benefits are tax exempted under section 10 10 D of Income Tax law. Loan: loan available after 3 years Surrender: Policy can be surrendered after 3 years of regular premium payment.
LIC Facilities for Jeevan Labh Online premium payment NACH Easy contact update
Form for Jeevan Labh Form No. 300
Documents required for Jeevan Labh Form 300 (filled in) Photo PAN Aadhaar Bank details
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