Limited Premium Endowment Plan

  • A Limited premium paying conventional With-Profits Endowment Assurance plan.

  • Maturity Benefit: Basic Sum Assured + Vested Bonus + Final Additional Bonus.

  • Death Benefit: "Sum Assured on Death" + Vested Bonuses + Final Additional Bonus.

    • "Sum Assured On Death" is defined as the higher of 10 times of annualized Premium or 125% of the Basic Sum Assured.

  • Optional Benefit:
    • LIC's Accidental Death and Disability Benefit Rider.
    • LIC's New Term Assurance Rider.
  • Loan: After payment of premiums for at least 2 full years.

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