LIC JEEVAN VAIBHAV : JEEVAN VAIBHAV LIC : TABLE NO 809 : JEEVAN VAIBHAV

Download JEEVAN VAIBHAV presentation & JEEVAN VAIBHAV PREMIUM CALCULATOR at the bottom of this page

LIC’S JEEVAN VAIBHAV (Plan No.809) is also a close ended plan guaranteed return which would be open for sale from 21st May, 2012 for a maximum period of 120 days.
Key features of LIC JEEVAN VAIBHAV

• Single Premium non-linked endowment assurance plan.
• Maturity Benefit : Sum Assured and Loyalty Addition.
• Liquidity : Facility for loan.
• Life Cover : Full Sum Assured Payable on death during the term.
• Loyalty Addition, if any, payable on Death, if it occurs during the last policy year or on maturity.

LIC’s Jeevan Vaibhav is a Life insurance Plan especially designed to meet needs of -

• Insurance
• Wealth creation and
• Liquidity

Maturity Benefit:
On maturity, the Sum Assured along with Loyalty Addition, shall be payable.
Example:The Maturity Benefits under LICJeevan Vaibhav plan include the Sum Assured and Loyalty Addition, if any. For a person aged 35 years, paying a premium of Rs.95730/-, the Sum Assured shall be Rs. 200000/- . The Details of benefits payable are as under:-