LIC JEEVAN MITRA TRIPLE COVER PDF

Life Insurance Corporation is an Indian state-owned insurance group and investment company headquartered in Mumbai. It is the largest insurance company in India with an estimated asset value of Rs. Different contact numbers and customer care email id's for each zonal office. If the Life Insured under the Policy, whether medically sane or insane, commits suicide, within one year of the date of issuance of the Policy, the Policy shall be void and the Company will only be liable to pay the premiums paid till date. Call us: Mon to Sat 9. In case of death due to an accidentof the Life Assured, the Rider Sum Assured chosen will be paid to the nominee.

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Life Insurance Corporation is an Indian state-owned insurance group and investment company headquartered in Mumbai. It is the largest insurance company in India with an estimated asset value of Rs. Different contact numbers and customer care email id's for each zonal office. If the Life Insured under the Policy, whether medically sane or insane, commits suicide, within one year of the date of issuance of the Policy, the Policy shall be void and the Company will only be liable to pay the premiums paid till date.

Call us: Mon to Sat 9. In case of death due to an accidentof the Life Assured, the Rider Sum Assured chosen will be paid to the nominee. There is no death or maturity benefit. Exclusion in LIC - Jeevan Mitra Plan If the Life Insured under the Policy, whether medically sane or insane, commits suicide, within one year of the date of issuance of the Policy, the Policy shall be void and the Company will only be liable to pay the premiums paid till date.

Tax laws are subject to change. Problem with your Policy? Need Help from our experts? Premiums paid under life insurance policy are exempted from tax under Section 80 C and maturity proceeds are exempted from tax under Section 10 10D. If you stop paying the premiums after 3 policy years, the policy acquires a Paid Up Value for a Reduced Sum Assured but the policy would be eligible for any future regular additions.

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LIC - Jeevan Mitra Plan

This is an Endowment Assurance plan that provides greater financial protection against death throughout the term of plan. It pays the maturity amount on survival to the end of the policy term. Premiums : Premiums are payable yearly, half-yearly, quarterly, monthly or through Salary deductions, as opted by you, throughout the term of the policy or earlier death. Death Benefit : Table No Twice the Sum Assured plus all bonuses on the basic sum assured to date is payable in a lump sum upon the death of the life assured. Table No Thrice the Sum Assured plus all bonuses on the basic sum assured to date is payable in a lump sum upon the death of the life assured. The Sum Assured plus all bonuses declared up to maturity date is payable in a lump sum on survival to the end of the policy term.

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