Backdating to save age life insurance dating the book of revelation gentry
This UIN has to be quoted in all relevant documents furnished to the policyholders and other users.
Lic jeevan lakshya plan details like conditions, benefits, documents required etc., are given below.
Death Benefit: If in case policyholder dies before vesting period (before pension starting period) then Income Tax Benefit: Premiums paid under life insurance policy and 1/3rd of the maturity proceeds are exempted from tax. Guaranteed Additions: Only for first years at rate of 50 per thousand.
After completion of buying premium, the policyholder can take some amount of annuity and get pension from remaining amount.
Lic Jeevan Lakshya UIN (Unique Identification Number) is 512N297V01.
Vesting Period: At the time of retirement or starts receiving the pension.
Deferment Period: Period between the subscription date of an insurance cum pension policy and the time at which the first installment of pension is received is called as deferment period.
Is additional accidental riders are available under LIC New Jeevan Nidhi Policy?
Additional benefit riders can be opted by paying extra nominal amount.