Instant Bima

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InstantBima, suggest for LIC's Jeevan Labh
LIC Jeevan Labh

LIC Jeevan Labh (Table No 836) is a non-linked ( Not dependent on share market) limited premium paying endowment assurance plan which means premium paying term is less than policy term for example, if policy term 16 has been selected then premium will be paid for 10 years only and maturity will be paid after completion of 16 years. The benefit illustration given in this example is based on simple reversionary bonus declared for 2015-16 (Latest).

Key Features
High Bonus Attracting Plan.
Premiums need to be paid for less number of years than Maturity year.
Ideal Plan for planning Child's Education and Marriage.
Options to avail accidental benefit and term riders.
Paid premiums are exempted from income tax under 80C.
Maturity amount is tax free under 10 (10D)