• Basic sum assured payable either on survival to the term or on death happening within the term.
• Payment of benefits will be on the basis of 20% as a lump sum and balance 80% to secure an annuity.
• Guaranteed Additions are given at a fixed rate of Rs.60/- per Rs.1000- sum assured.
• Loyalty Additions are payable for each completed policy year.
• Premium paying terms are between 10 to 25 years.
• Single Premium available.

• On the Date of Maturity or earlier death during the term (of life assured):
  • Basic sum assured + Guaranteed additions of Rs.60/- per Rs.1000/- sum assured + Loyalty Addition on the basis of performance of the LIC.
  • Once the claim is admitted, there are three options available:
    • Regular income for life.
    • Regular income certain for 5, or 10 or 15 years and life thereafter.
    • Regular income for life with return of notional purchase price i.e. 80% of basic sum assured + 80% of guaranteed additions and loyalty additions.
• Handicapped dependant pre-deceasing the life assured:
  • In the event of the handicapped dependant pre-deceasing the life assured, the life assured has the option to:
    • Surrender the policy or continue it by paying premium.
    • Life assured also has option to receive full sum assured in lump sum or on a 20% to 80% basis.
• Accident benefits if availed are paid as lump sum as per Accident benefit rules.
  

• Minimum sum assured : Rs.50,000/- in multiple of Rs.25,000/- thereafter
• Maximum sum assured : No limit
• Minimum age at entry : 20 years completed
• Maximum age at entry : 65 years
• Maximum age at maturity : 75 years
• Premium paying term : 25 years
• Minimum Term : 10 years
• Maximum Term : 40 years
• Minimum premium must be Rs.800/- p.a.
• No Loan available against this policy.

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