LIC-SINGLE PREMIUM ENDOWMENT PLAN
LIC’s SINGLE PREMIUM ENDOWMENT PLAN (UIN: 512N283V03)
(A Par, Non-Linked, Life, Individual,Savings Plan)
LIC’s Single Premium Endowment Plan is a par, non-linked, life, individual, savings plan which offers an attractive combination of savings and protection features.This combination provides financial protection against death during the policy term with the provision of payment of lumpsum at the end of the selected policy term in case of his/her survival.
Key Features:
• Single Premium plan.
• The plan provides for protection and savings.
• Flexibility to
- Choose the period for which protection is required.
- Opt for payment of benefit in instalments.
• Option to enhance protection by opting for Rider Benefitson payment of additional premium for the rider benefits.
• Benefit of attractive High Sum Assured Rebate.
• Takes care of liquidity needs through loan facility

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