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.
Limited Premium Payment Liability
With a commitment of shorter premium term as 8 Years or 9 years, you can have insurance benefits over a Period of 12, 16 or 21 Years. You can restrict payment term.
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.
Additional Accident Benefit
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.