LIC’s NEW ENDOWMENT PLAN LIC's New Endowment Plan is a Par, Non-Linked, Life, Individual, Savings plan which offers an attractive combination of protection and saving features. This combination provides financial support for the family of the deceased policyholder any time before maturity and lump sum amount at the time of maturity for the surviving policyholders. Key Features • The plan provides for protection and savings. • Flexibility to - Choose the premium payment frequency as per convenience. - Choose the period for which protection is required. - Opt for payment of benefit in instalments. • Option to enhance coverage by opting for Rider Benefits on payment of additional premium for the rider benefits. • Benefit of attractive High Sum Assured Rebate. • Takes care of liquidity needs through loan facility. Sum Assure - 200,000 - No Limit. Policy Term - 12-35 Years. Premium Payment - Monthly,Quarterly, or Annually Age- 8 - 50 year...
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