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LIC'S MARRIAGE ENDOWMENT POLICY

PRESENTATION ON. LIC'S MARRIAGE ENDOWMENT POLICY. SUITABILITY. Specially designed for child’s education / marriage Good policy for persons having children less than 10 years. OTHER DETAILS.

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LIC'S MARRIAGE ENDOWMENT POLICY

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  1. PRESENTATION ON LIC'S MARRIAGE ENDOWMENT POLICY

  2. SUITABILITY • Specially designed for child’s education / marriage • Good policy for persons having children less than 10 years

  3. OTHER DETAILS • Convenient term can be chosen to coincide the maturity of policy to the child’s marriageable age or for higher education of child. • The proposer (father / mother) shall have to pay premium till maturity or early death.

  4. DEATH BENEFIT • Future premiums are waived • Term rider, if availed, benefits will be given.

  5. MATURITY BENEFIT • On survival upto date of maturity, an amount equal to sum assured plus vested bonus plus final additional bonus, if any, is payable, provided policy is in full force.

  6. MIN AGE AT ENTRY MAX AGE AT ENTRY MAX MAT AGE POLICY TERM SUM ASSURED 18 YRS COMPLETED 60YRS (NBD) 70YRS (NBD) 5YRS TO 25YRS MIN 50000 AND MULTIPLES OF 5000 THEREAFTER. ELIGIBILITY CONDITIONS

  7. MIN AGE AT ENTRY MAX AGE AT ENTRY MAX MAT AGE MIN SUM ASSURED MAX SUM ASSURED 18 YRS COMPLETED 50 YRS (NBD) 60 YRS (NBD) RS 1 LAKH EQUAL TO BASIC SUM ASSURED SUB TO OVERALL LIMIT OF 25 LAKHS. ELIGIBILITY FOR TERM RIDER

  8. SALIENT FEATURES ….. • FOR UNDERWRITING BASIC TERM RIDER WILL BE CONSIDERED. • DATING BACK IS ALLOWED WITHIN THE SAME FINANCIAL YEAR @10.5 % • NO REBATE FOR CEIS. • GRACE PERIOD 30 DAYS • LOAN IS PERMISSIBLE

  9. THANK-YOU

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