Entry Age (years)
Minimum
18
Maximum
60
Maximum Maturity Age (years)
70
Policy Term (years)
Minimum
5
Maximum
35
Sum Assured (Rs)
Minimum
25 lakh
Maximum
No Limit
Premium Payment Frequency
Annual, Half yearly and Single
Premium Payment Term
Regular through the term of the policy or Single
Policy Cover
Cover remains fixed for the tenure of the policy
Other Features
Free Look Cancellation
NA
Grace Period
You are allowed to pay premiums within 15 days from the due date. If a due premium is not received within the grace period of 15 days, your policy will lapse and the life insurance cover will be terminated
Lapsed Policy Reinstatement
You can reinstate your lapsed policy any time during the term of the policy by paying all the due premiums and undergoing underwriting requirements, if any
Tax Benefits
Section 80C, 10 (10D) of the Income Tax Act, 1961 would apply
Exclusions
In case of death by suicide during the first policy year, or within one year from the date of reinstatement, no death benefit is payable.
Customer Service
Address
LIC of India, Yogakshema, East Wing, 7th Floor, Jeevan Bima Marg, Mumbai - 400021
Call On
Check for stats and city specific phone numbers on www.licindi.in
SMS
Sms 'city' to 566773 (type in the name of your city)
