LIC’s Jeevan Nischay is a NEW single premium plan designed exclusively for exisiting policyholders, who have at least one in force risk bearing policy with Life Insurance corporation of India, accepted at standard rate. You may choose the premium amount you wish to pay and the sum payable on maturity (Maturity Sum Assured) will depend on the premium amount, your age and the term selected.
On death during the first policy year: Five times the single premium is payable. On death during the policy term after first policy year, excluding last policy year: An amount equal to the maturity sum assured. On death during the last policy year: An amount equal to the maturity sum assured along with loyalty addition, if any.
An amount equal to the Maturity Sum Assured along with loyalty addition, if any, is payable.
to start your policy please call LIC Agent – Tarun Bansal (9899212115)