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LIC's Tech Term | Dear Policyholder, Please submit Bank Account Details ( NEFT ) to LIC - Click here to Download NEFT form
LIC's Jeevan Amar plan is a Non-Linked, Without Profit, pure protection plan. Under this plan there is flexibility to choose from two death benefit options viz. Level Sum Assured and Increasing Sum Assured.
Death benefit, payable in case of admissible death claim, before the stipulated Date of Maturity, provided the policy is inforce, shall be "Sum Assured on Death".
For Regular premium and Limited premium payment policy, "Sum Assured on Death" is defined as the highest of:
For Single premium policy, "Sum Assured on Death" is defined as the higher of:
On survival of the life assured to the end of the policy term, no maturity benefit is payable.
LIC's Accident Benefit Rider UIN (512B203V03):
LIC's Accident Benefit Rider shall be available under Regular and Limited Premium Payment policies as an optional rider by payment of additional premium. This rider shall not be available under Single Premium policies.