LIC Amulya Jeevan 2 Policy:
It is Pure term policy. It provides coverage up to maturity at a reasonably low price. Its a without profit traditional plan.
Key Features:
- This is a term plan.
- It provides insurance cover up to 35 years from date of commencement.
- Death benefit: At the time of death of the insured, nominee gets sum assured.
- On survival till maturity, nothing is to be paid.
- Accidental death, term and other riders can be added at nominal top up.
- Plan is tax exempted under 80(C) and 10(D).
Policy benefits:.
- Death Benefits as below:
- payable to the nominee, Sum assured on death.
- Maturity benefit:
- None
- Accidental death and disability benefit:
- No rider can be taken with this policy.
- Tax benefit:
- Premium is exempted from tax under 80(C)
- Maturity and sum assured is exempted from tax under 10(D)
To know more about the policy and any other details regarding LIC, mail us at tinytopic@gmail.com
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