Lic kanyadan plan premium calculator - Achill, Ireland

LIC's Jeevan Lakshaya is a limited premium paying conventional With profits Endowment Assurance plan. This plan provides for Annual Income benefit that may help to fulfill the needs of the family, primarily for the benefit of children,in case of unfortunate death of Policy Holder any time before maturity and a lump sum amount at the time of maturity independant of survival of the Policy Holder.

Jeevan Lakshya is a limited premium paying conventional profit linked Endowment Assurance plan which provides Annual Income Benefit to fulfill the family requirements.
In case of death of the policy holder takes place prior to the maturity, 10% of the basic sum assured will be paid on every policy anniversary, further it also provides a lump sum amount at the time of maturity regardless of  

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survival of the policy holder.

Eligibility Criteria For Jeevan Lakshya Plan:
Minimum Age at Entry 18 Years (Completed)
Maximum Age at Entry 50 Years(Nearest Birthday)
Maximum Maturity Age 65 Years(Nearest Birthday)
Policy Term 13 Years to 25 Years
Premium Paying Term(PPT) Policy Term -3 Years
Minimum Sum Assured 100000/-
Maximum Sum Assured No Limit (shall be in multiple 10000/-)
Policy Mode

Yearly,Half-Yearly,Quaterly,Monthly (NACH only)

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Rebate Of Mode Of Premium

Yearly-- 2%

Half-Yearly-- 1%

Quaterly & Monthly-- Nil



High Sum Assured Rebate

1,00,000 to 1,90,000 -- Nil

2,00,000 to 4,90,000 -- 2% on B.S.A.

5,00,000 and above -- 3% on B.S.A



Death Benefits:

In case of unfortunate event of death of policy holder happens during the policy term, 10% of the basic sum assured amount will be given to the nominee on every policy anniversary from the year of death till the date of maturity.
Maturity Benefits:

If policy holder survives till the end of the policy term having paid all due premiums,
the benefits from the policy would be:
Basic Sum Assured + Vested Simple Revisionary bonuses + Final Additional bonus (if any)