Dhan Rekha Plan is a term insurance plan offered by the Life Insurance Corporation of India (LIC). This plan provides financial protection to the policyholder’s family in the event of their untimely demise. The plan offers a high sum assured at an affordable premium, making it an attractive option for individuals looking for a comprehensive life insurance policy.
Under the Dhan Rekha Plan, the policyholder can choose the amount of coverage they require based on their individual needs. The plan offers a range of coverage options, with the sum assured ranging from Rs. 50,000 to Rs. 5 lakhs.
The policy term for the Dhan Rekha Plan is between 5 and 25 years, with the premium payable annually or half-yearly. The plan does not offer any maturity or survival benefits, and the sum assured is payable only in the event of the policyholder’s death during the term of the policy.
It is important to note that the Dhan Rekha Plan is a pure term insurance plan, and does not offer any investment component. Therefore, it is recommended for individuals looking for pure risk coverage and not for those seeking to invest in a life insurance policy with an investment component.
Key Features:
Plan Benefits
Lower Premium for Female Lives
Premium Waiver Benefit Rider is available
| Minimum | Maximum | |
| Age at Entry | 18 Years Completed | 55 Years for Policy Term 14 Years |
| 51 Years for Policy Term 16 Years | ||
| 48 Years for Policy Term 18 Years | ||
| 45 Years for Policy Term 20 Years | ||
| Sum Assured | Rs 1,00,00,000 | No Limit |
| Policy Term | 14 Years | |
| 16 Years | ||
| 18 Years | ||
| 20 Years | ||
| Premium Paying Term | Policy Term – 4 Years | |
| Maturity Age | 69 Years for Policy Term 14 Years | |
| 67 Years for Policy Term 16 Years | ||
| 66 Years for Policy Term 18 Years | ||
| 65 Years for Policy Term 20 Years | ||
| Mode of Payment | Yearly, Half Yearly, Quarterly, Monthly (NACH), SSS | |
The Basic Sum Assured shall be in Multiples of Rs. 5,00,000 / –
| Minimum | Maximum | |
| Age at Entry | 18 Years Completed | 55 Years for Policy Term 14 Years |
| 51 Years for Policy Term 16 Years | ||
| 48 Years for Policy Term 18 Years | ||
| 45 Years for Policy Term 20 Years | ||
| Sum Assured | Rs. 10,000 | Rs 1,00,00,000 |
| Cover Ceasing Age | At the End of Policy Term | |
The Double Accident Sum Assured shall be in Multiples of Rs. 10,000 / –
| Minimum | Maximum | |
| Age at Entry | 18 Years Completed | 55 Years for Policy Term 14 Years |
| 51 Years for Policy Term 16 Years | ||
| 48 Years for Policy Term 18 Years | ||
| 45 Years for Policy Term 20 Years | ||
| Sum Assured | Rs 1, 00,000 | Rs. 25,00,000 |
| Cover Ceasing Age | At the End of Policy Term | |
The Term Assurance Sum Assured shall be in Multiples of Rs. 5,000 / –
The Term Assurance Sum Assured shall be in Multiples of Rs. 5,000 / –
| Minimum | Maximum | |
| Age at Entry | 18 Years Completed | 55 Years for Policy Term 14 Years |
| 51 Years for Policy Term 16 Years | ||
| 48 Years for Policy Term 18 Years | ||
| 45 Years for Policy Term 20 Years | ||
| Sum Assured | Rs 1,00,000 | Rs. 25,00,000 |
| Cover Ceasing Age | At the End of Policy Term | |
The Critical Illness Sum Assured shall be in Multiples of Rs. 25,000 / –
Documents Required:
- Medical history
- Address proof
- Know your customer documents
- Medical examination (depending on your age or the sum assured)
- Medical examination (depending on your age or the sum assured)
