LIC Amulya Jeevan plan II is a pure Life Insurance plan. Amulya Jeevan is Term Insurance plan from LIC of India which provides high life cover in case of unfortunate death of policyholder during the premium paying term of the policy.
Amulya Jeevan Plan does not provide any maturity value on maturity. Amulya Jeevan II plan provides high life cover in case of death on very low premium. Term Insurance is recommended for everyone because it provides high cover for the adequate financial security of family and loved ones. LIC Amulya Jeevan plan would be considered on the basis of medical tests and financial papers provided.
LIC of India approves Term Insurance Plans after compulsory medical tests and analyzing financial documents of the policyholder. LIC of India holds the record of highest claim settlement in the Insurance Industry. LIC term plan Amulya Jeevan II provides worldwide coverage irrespective of country, climate, work etc.
|Eligibility Conditions & Restrictions|
|Minimum age||18 years (Completed)|
|Maximum age||60 years|
|Maximum maturity age||70 years|
|Minimum Sum Assured||Rs. 25 Lakhs|
|Maximum Sum Assured||NO LIMIT|
|Policy Term||5 years to 25 years|
|Premium paying||Yearly / Half yearly|
|On Death||Sum Assured|
|Income Tax Benefits||(i) Premiums paid are eligible for Tax rebate u/s 80c
(ii) Death claim is non-taxable u/s 10(10d)