LIC New Endowment plan 914

New Endownment Plan

Insurance is embodiment of prepardeness offering a safety net when life takes an unexpected turn

LIC New Endowment Plan is a participating non-market-linked plan which offers an attractive combination of protection and saving features. LIC New Endowment Plan 814 details would help you to understand the benefits of the combination which provide financial support for the family of the deceased policyholder any time before maturity and a good lump sum amount at the time of maturity for the surviving policyholders.

LIC Endowment Plan is best for those looking for short term investment. Endowment Plan the shortest premium paying term is 12 years, which is the minimum term among all plans in LIC. As the minimum entry age is 8 years, this plan suits children from age 8 to 12 for higher studies and marriage planning.

Features of LIC New Endowment plan 914

  • Minimum Basic Sum Assured:Rs. 1,00,000/-
  • Maximum Basic Sum Assured:No Limit
  • Minimum Policy Term:12 years
  • Maximum Policy Term:35 years
  • Accidental Death & Disability Benefit Rideris available on payment of additional premium.
  • Accidental Death & Disability Benefit Rideris available on payment of additional premium.