New Endowment Plan

  • Plan risk coverage will enhances every year as LIC declared the bonuses. but the premium does not increase.
  • The policy holder gets the tax-free maturity U/S 10(10D).
  •  Plan has an option of choosing the Accidental  cover, Disability cover & Critical illness cover.
  •  This plan also has the premium waiver benefit in case of death of the parent if policy given to child.
  • Plan also has the option of taking the Maturity proceeds in equal installments of 2 to 10.
  • The policyholder also has the option of choosing the death benefit in equal installments.
  •  loan is also available to the  after the completion of 2 year of  policy.

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