LIC's AADHAAR STAMBH (943)
LIC’s Aadhaar Stambh:::
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| Eligibility | |
| Entry Age | Min. Age - 8 years
(completed) Max. Age - 55 years (nearest birthday) |
| Polocy Term | Min. Term - 10 Years Max. Term - 20 Years |
| Premium Payment Mode | Yearly, Halfly, Quarterly, Monthly (NACH) |
| Sum Assured | Min. S.A - 75,000 Max. S.A - 3,00,000 |
| Policy Benefits | |
| Death benefit | Basic Sum Assured 10 times the Annualized Premium 105% of all premiums paid till date of death The premiums mentioned above refer to premiums without the tax component and also does not consider any rider premiums. Loyalty Additions, if declared will be payable as part of the Death Benefit in case the death occurs after 5 policy years. |
| Maturity | At the end of the policy term,
the policyholder will receive the following: Basic Sum Assured Loyalty Additions, if declared |
| Surrendered Value | Policy can be surrendered at any time during the policy term provided at least 2 full years premiums have been paid |
| Loan | Loans are available provided if at least 2 full years’ premiums have been paid |
| Income Tax Benefit | Premium paid under this plan is
eligible for TAX rebate under section 80c. Maturity Under this plan is free under sec 10(10D) |
| Documents would be required | Recent colored photograph of the life insured and proposer |
| Identity proof like Voter’s ID Card, PAN Card, Aadhar Card, Driving License, Passport, etc. | |
| Address proof like Voter’s ID Card, Driving License, Passport, Electricity bill, telephone bill, etc. | |
| Age proof like passport, voter’s ID Card, Aadhar card, etc. | |
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