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LIC's Anmol Jeevan II Plan
LIC’s Anmol Jeevan II Plan - Features
LIC’s Anmol Jeevan II Plan – Benefits
LIC’s Anmol Jeevan II Plan – Details
LIC’s Anmol Jeevan II Plan - Eligibility Conditions & Other Restrictions
LIC’s Anmol Jeevan II Plan - Features
LIC’s Anmol Jeevan II Plan is a pure risk cover Term plan of Sum Assured up to Rs.24 Lakhs, which can be opted primarily for protection. In this plan, the nominee will get the entire Sum Assured if the Life insured dies during the policy term. There are no Maturity or Survival benefits
LIC’s Anmol Jeevan II Plan – Benefits
- Survival Benefit : No benefit is payable on maturity as this is a pure protection plan.
- Maturity - No benefit is payable on maturity as this is a pure protection plan.
- Death Benefit : (provided the policy is In force) - The entire Sum Assured is paid to the nominee on death of the Life Insured during the policy term
- Income Tax Benefit - Premium paid under this plan is eligible for TAX rebate under section 80C of Income Tax Act
- Death Benefit will also be tax free under sec 10(10D
LIC’s Anmol Jeevan II Plan – Details
- Pure term plan with only death benefit
- Sum Assured of Rs.6 to Rs.24 Lakhs can be opted
- There is no maturity benefit in this plan
- Tax benefits available on Premium paid.
- Death Benefit is Tax Free income for the Nominee
LIC’s Anmol Jeevan II Plan - Eligibility Conditions & Other Restrictions
| LICs Anmol Jeevan II Plan - Eligibility Criteria | ||
| MIN. | MAX. | |
| Age | 18 Years | 55 Years |
| Term | 5 Years | 25 Years |
| Sum Assured | 6,00,000 | 24,00,000 |
| Modes | Yearly and Half-Yearly | |
