It is a money-back plan with a 15-year premium payment and a 20-year term. Every five years, a survival benefit of 20% of the basic sum assured will be paid. 40% of the remaining sum assured, as well as any vested reversionary bonuses and final additional bonuses, will be paid in full upon maturity. Any person between the ages of 13 and 50 may purchase the policy.
Money Back Plan with Saving & Protection
- Every five years, a portion of the sum assured will be paid out as a survival benefit. Perfect to achieve recurring objectives.
- Enjoy mature advantages at the conclusion of the term as well.
Life Protection with Guaranteed Returns
- In the unfortunate event of death within the policy period, the sum assured plus the bonus will be paid out without deducting any already paid survival benefits.
Profit Sharing as per Valuation
- LIC releases its annual valuation results.
- All policyholders will receive a bonus according to the valuation results announced by LIC.
Fulfilment of Goals
- Periodic financial compensation for survival.
- Perfect for those with short-term objectives like taking a dream vacation, buying a new home, or educating their children.
Additional Accident Benefit
- By choosing DAB and Term Rider, you can insure your life for high insurance protection on naturally occurring or unintentional death for a minimal additional premium payment.
Plan Benefits
Tax Free Maturity Amount
Avail Tax benefit on premium paid
Tension Free Claim Settlement
| Minimum | Maximum | |
| Entry Age | 13 Years Completed age | 50 Years Nearest birthday |
| Term | 20 Years | |
| PPT | 15 Years | |
| Maturity age | 70 Years nearest age | |
| Sum Assured | ₹ 1,00,000/- | No Limit |
| Mode of Payment | Yearly, Half Yearly, Quarterly, Monthly, S.S.S., Monthly (ECS) |
Sum Assured shall be available in multiples of ₹ 5,000/-
Minimum Sum Assured :- ₹ 1,00,000/-
Maximum Sum Assured :- ₹ 1,00,00,000/- sub. to not exceed to the Sum Assured under the basicPlan.
Minimum Entry Age :- 18 years completed
Maximum Entry Age :- 50 years nearest birthday
Maximum Maturity Age :- 70 years nearest birthday
Sum Assured shall be available in multiples of ₹ 5,000/-
Minimum Age At entry : 18 Years (Completed)
Maximum Age At entry : 60 Years nearest birthday
Minimum Sum Assured : ₹ 1,00,000/-
Maximum Sum assured : ₹ 25,00,000/-
Maximum Maturity Age : 70 Years nearest birthday
Sum Assured shall be available in multiples of ₹ 5,000/-
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)
