Product highlights
• ‘LIC Jeevan Nischay’ is a close-ended single premium plan, exclusively for LIC policyholders.
• It comes with guaranteed maturity benefits and a provision for loyalty additions.
• It offers policyholders flexibility to choose premium amount which will in turn decide their maturity sum assured.
• The minimum age and maximum age for entry being 18 years and 50 years, respectively.
• The policy is available for three different terms – 5, 7 and 10 years.
• The minimum single premium is Rs 10,000 and the maximum being Rs 10,00,000.

Benefits of ‘Jeevan Nischay’
• ‘LIC Jeevan Nischay’ provides maturity benefit – an amount equal to the Sum Assured – along with loyalty addition, if any, declared.
• Death benefit in the first year of the policy is five times the single premium.
• There is an incentive for high premiums paid, i.e., Rs 25,000 and above, which means a higher maturity sum assured for a policyholder.
• It provides guaranteed surrender value up to 90 per cent of the premium paid if the policy is surrendered after one year of its commencement.
• Loan facility is available after the first year of the policy.
• If the policyholder is not satisfied with the terms and conditions of the policy, he/she can return the policy within 15 days of the purchase date and get refund.

Any Information Call Shailesh Prajapati 9427369439