Combination of Life insurance & investment
It gives a lump sum amount at the end of term, to take care of important milestones in your life like retirement needs, children’s education, and children’s marriage. In case of unfortunate demise, family needs are taken care.
Guaranteed Risk Cover in case of Death
Guaranteed Sum Assured with Vested Bonus will be payable in case of Unfortunate death. This will help the family to fulfil their needs in the absence of bread winner.
Liquidity in the form of Loan
Fulfil financial needs by exercising loan facility on policy immediately after one year. Loan Facility is available at very concessional rate.
Profit Sharing as per Valuation
Every year, LIC declares valuation results.
As per valuation result declared by LIC, profit is being shared among all policyholders as bonus.
Features of Fixed Deposit with Longer Term
By paying small extra premium amount, you can secure your life for high insurance protection on natural or accidental death by opting DAB and Term Rider.