LIC Amulya Jeevan

LIC’s Amulya Jeevan II Plan is a well known term plan. When it comes to offering bonuses, no pure offers additional bonus facilities to the policyholder. Moreover, if the insured dies within the tenure of the policy, then the nominee gets to receive the death benefits. However, nothing is payable to the policy holder when the policy reaches the maturity age.

Key Features of LIC Amulya Jeevan :

• Pure Term Plan that offers death benefit but not maturity benefits.
• Without Profit Traditional Plan.
• The nominee gets to receive the Sum assured as the death benefit if the insured dies within the term of the policy.

Benefits of LIC Amulya Jeevan :

• High Sum Assured Term Plan.
• Very long tenure of 35 years can be chosen.
• Premium discounts for annual mode and high sum assured.
• Income Tax Act has Section 80 C under which the policyholder gets Income tax benefits on the Premiums paid, and as per Sections 10 (10 D), tax benefits can be enjoyed on the claims as well.

LIC Amulya Jeevan - Product Specification :

LIC Amulya Jeevan - Details About Premium :

Annual premium in Rupees for a Policy Tenure of 15 years. Basic Premium is mentioned below (Tax not included)