LIC
Limited-premium endowment plan with profit participation.
An endowment plan where you pay premiums for a shorter period than the policy term. It gives life cover, a maturity benefit and a share in LIC's profits through bonuses.
Key points:
• Premiums are paid for a shorter period than the full term
• Death benefit and maturity benefit
• Bonus through profit participation
• Loan facility to meet cash needs
Who it suits: People who want to finish paying premiums early while still building a maturity amount.
Please note: Benefits, eligibility, premium and terms are as given in LIC's official brochure and policy document. Our Insurance Advisor will explain them to you before you decide.
Insurance Advisor — Phone: 9444466947