Lic’s Jeevan Aastha (Plan No.195)
Lic’s Jeevan Aastha (Plan No.195) A single Premium Assurance Plan With Guaranteed Additions And Loyalty Additions Benefits a) Death Benefit : On death during the first policy year : Basic Sum Assured with Guaranteed Addition. On death during the policy term after first policy year, excluding last policy year: 1/3rd of Basic Sum Assured with Guaranteed Addition. On death during last policy year : 1/3rd of Basic Sum Assured with Guaranteed Addition along with loyalty Addition, if any. b) Maturity Benefit : On maturity, the Maturity Sum Assured along with Guaranteed Addition and loyalty Addition, if any,shall be payable Maturity Sum Assured shall be 1/6th of Basic Sum Assured. c) Guaranteed Addition : The policy provides for Guaranteed Addition at the following rates: · Rs.100 per thousand of Maturity Sum Assured per year for a policy of 10years term. · Rs.90 per thousand of Maturity Sum Assured per year for a policy of 5years term. d) Loyalty Addition :...