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Maturity benefit on Jeevan Saral

Loyalty additions may be payable from the 10th year on wards, but the rate would be at the discretion of LIC

I have a LIC Jeevan Saral policy. I am paying a quarterly premium of ₹17,016. The term of the policy is 30 Years.
I want to know what will be the exact maturity sum I will get?

- Suniyal

LIC Jeevan Saral is an endowment policy. On maturity, you will get the sum assured plus loyalty additions, if any. Loyalty additions may be payable from the 10th year on wards, but the rate would be at the discretion of LIC. Therefore, we really won't be able to tell you how much loyalty addition your would get along with the sum assured on maturity.

This article was originally published on February 29, 2016.

Disclaimer: This content is for information only and should not be considered investment advice or a recommendation.

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