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In 20 years, it will be equal to Rs. 9,00,000. Final Addition Bonus - Assuming the Final Addition Bonus to be Rs. 20 per 1000 Sum Assured, the total bonus amount will be equal to 20 x (10,00,000/1,000) = Rs.
Table of Features: Minimum entry age18 years Maximum entry age 50 years Premium payment modes Yearly, Half-Yearly, Quarterly, Monthly (only through ECS) Policy term 15 to 35 years Basic sum assured Rs.1,00,00012 more rows
LICs Jeevan Labh is one of the best selling endowment insurance plan with good returns. It is a limited premium paying, non-linked, with-profits endowment plan which offers a combination of protection and savings.
LIC New Jeevan Anand 715 - Eligibility Criteria CriteriaMinimumMaximum Policy Term 15 Years 35 years Sum Assured 2 lakh No Limit Premium Payment Term Same as Policy Term Premium Paying Frequency Annual/Half Yearly/ Quarterly/ Monthly2 more rows
Life Insurance Age Limit is referred to the age within which you can purchase life insurance as a policyholder for yourself or your loved ones/dependents. Usually, the age limit varies between 18 years to 65 years, 18 being the minimum and 65 being the maximum age.
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