LIC Jeevan Lakshya (733)
Goal-oriented family protection
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About this plan
Designed to secure a child's future, this limited-premium endowment plan pays annual income to the family on the policyholder's death and a lump sum at maturity.
Eligibility
- Entry age: 18 to 50 years
- Policy term: 13 to 25 years
- Premium paying term: term − 3 years
- Minimum sum assured: ₹1,00,000
Benefits
- On death: 10% of SA yearly till maturity, plus 110% of SA + bonuses + FAB at maturity
- On survival: SA + bonuses + FAB at maturity
- Riders available at additional premium
Important notes
- GST is charged at 4.5% on first-year premium and 2.25% on renewals; a blended rate is shown here.
- Bonus & FAB values are indicative, based on recently declared rates.
- Grace period of 30 days and free look period of 15 days apply per LIC rules.