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This is the best form of life assurance for family provision since it enables the Life Assured to pay all the premiums during the ordinarily vigorous and most productive years of life
He need not pay any premium in the later stages of life if and when his conditions might become adverse
Life Assured can choose premium payment term as per his convenience
Another wonderful feature is that it continues to participate in profits even after the premium payments have ceased, thereby growing your life cover as well as savings corpus every year
Life Cover: Lifetime cover to the extent of Full Sum Assured + Bonus + Final Addition Bonus (as applicable)
Maturity: Life assured has an option to mature his policy anytime after he attains the age of 80 years, thereby making this policy a flexible term policy
Great plan to grow your savings as this plan has the highest bonus declared amongst all L.I.C. plans
Optional Add-on Riders available:
- Accident & Permanent Disability Rider (during premium paying term only)