LIC Single Premium Endowment Plan (817)

   This is a LIC one time investment Plan.

   1.        Single premium

   2.       With profit endowmentplan

   3.       Minimum age at entry is 90 days

  4.       Loan available after completion of one year

  5.       Back dating is allowed

Maturity Benefit:

  1.       Sum assured

  2.       Simple reversionary bonuses

  3.       Final additional bonus, if any.

Death Benefit :

  1.       After commencement of risk - Sum assured plus vested simple reversionary bonuses and final additional bonus, if any.

  2.       Before commencement of risk# - Return of single premium excluding taxes and extra premiums, if any.

# in case the age at entry of life assured is less than 8 years, risk will commence either 2 years from the doc or policy anniversary after completion of 8 years of age whichever is earlier, for others risk shall commence immediately.

Why should I take single premium endowment plan - Table No 817

S~ Single premium – One time investment.
P~Protection – Risk cover for full sum assured.
E~ Excellent for meeting educational needs of young ones.
C~ Children from the age of 90 days can be covered.
I~ Ideal for investment planning-wide range of policy term.
A~ Attractive – Participates in profits.
L~ Liquidity through loan.