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LIC term insurance plans provide financial security to the life assured's family in case of any unfortunate event. By providing affordable death cover, LIC term insurance plans are among the most sought-after insurance products in the market.Click to know more https://www.coverfox.com/life-insurance/term-insurance/term-insurance-companies/lic-term-insurance/
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LIC has recently launched an online term plan called LIC's eTerm Plan which can be purchased online without the intervention of any agent or advisor. ... Thus, this term plan offers deferential premium rates for non-smokers opting for an assured sum of Rs 50 lacs or more. • LIC Policies Plan Type Policy Term • LIC e-term PlanPure Term Plan10 – 35 years
Death Benefit- In case of unfortunate death of the life assured during the policy term Sum Assured Shall be payable. • Maturity Benefit - On survival to the end of the policy term, nothing shall be payable. • Eligibility - The person must have own earned income.
LIC's New Term Assurance Rider can be attached to the basic plan to increase the coverage under this LIC term plan. The rider benefit promises to pay an extra amount which is the rider Sum Assured in case the insured dies during the term of this LIC online term plan.