term insurance

LIC's Bima Kavach

Plan 887UIN 512N360V01Available online

A term assurance plan introduced by LIC and listed on its official product index.

Enquire now Official brochure Official LIC page

At a glance

Key highlights

Plan type

Term Assurance

Plan number

887

Who should consider this plan?

family protection

Eligibility and policy information

Eligibility and policy information for this plan
maximum Maturity Age	(i.e. cover ceasing age) of
policy Term	3
premium Paying Term	less than 10
Premium modes	Yearly, Half-Yearly, Quarterly, Monthly, Single Premium
Loan available	No
Surrender available	No

Benefits and riders

Death benefit

options: Level Sum Assured and Increasing Sum Assured. o Choose from Single Premium, Regular Premium and Limited Premium Payment of 5,10 and 15 years o Choose the Policy Term with coverage available upto 100 year • Option to enhance the life cover at defined life stage events under Level Sum Assured death benefit option with Regular Premium payment • Option for payment of Death Benefit in instalments. • Special rates for women. • Benefit of attractive High Sum Assured Rebate. • Two categories of premium rates namely (1) Non- Smoker rates and (2) Smoker rates. The application of Non-Smoker rates shall be based on the findings of the Urinary Cotinine test and shall be subject to the Board Approved Underwriting policy of the Corporation. In all other cases, the Smoker rates will be applicable. 2