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LIC Amulya Jeevan - 1

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
SMS Sms 'city' to 566773 (type in the name of your city)