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  • 917 Single Premium Endowment Plan_English

    Single Premium Endowment Plan- Make your move today for your winning moves of tomorrow.


    917 Single Premium Endowment Plan_Hindi

    Single Premium Endowment Plan- Make your move today for your winning moves of tomorrow.


    It is a Single payment non-linked endowment life insurance with profit plan which offers guaranteed returns in the form of Guaranteed Sum Assured and vested reversionary bonuses with Final Additional Bonus. It is the combination of Investment plus Life Cover. Policy can be availed with duration of 10 years to 25 years and can be taken any person between the ages of 3 months to 65 years.

    Combination of Life insurance & investment

    It gives a lump sum amount at the end of term, to take care of important milestones in your life like retirement needs, children’s education, and children’s marriage. In case of unfortunate demise, family needs are taken care.


    Guaranteed Risk Cover in case of Death

    Guaranteed Sum Assured with Vested Bonus will be payable in case of Unfortunate death. This will help the family to fulfil their needs in the absence of bread winner.


    Liquidity in the form of Loan

    Fulfil financial needs by exercising loan facility on policy immediately after one year. Loan Facility is available at very concessional rate.


    Profit Sharing as per Valuation

    Every year, LIC declares valuation results.
    As per valuation result declared by LIC, profit is being shared among all policyholders as bonus.


    Features of Fixed Deposit with Longer Term

    By paying small extra premium amount, you can secure your life for high insurance protection on natural or accidental death by opting DAB and Term Rider.


    Advantages

    Avail Tax benefit on premium paid
    Tension Free Claim Settlement

    Conditions

     MinimumMaximum
    Entry Age90 Days completed65 Years (nearest birthday)
    Term10 years25 years
    ModeSingle Premium Only
    Maturity age18 Years Completed75 Years (nearest Birthday)
    Sum Assured₹ 50,000/-No Limit


    Sum Assured will be in multiples of ₹ 5,000/- only

    DAB Conditions

    Maximum Sum Assured :- ₹ 1,00,00,000/- not exceed to the basic sum assured

    Minimum Entry Age :- 18 Years completed

    Maximum Entry Age :- 55 Years nearest birthday

    Maximum Maturity Age :- 70 Years nearest birthday


    Sum Assured shall be available in multiples of ₹ 5,000/-


    Term Rider Conditions

    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 : 75 Years nearest birthday


    Sum Assured in multiples of ₹ 5,000