endowment

LIC's New Jeevan Sathi - Single Premium

Plan 888UIN 512N393V01

LIC's New Jeevan Sathi - Single Premium is a current endowment product listed on the official LIC India product index.

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At a glance

Key highlights

Plan type

endowment

Plan number

888

Who should consider this plan?

family protection, long term savings

Eligibility and policy information

Eligibility and policy information for this plan
minimum Entry Age	(for both lives)
policy Term	Option I: 10,15, 20 and 25
premium Paying Term	1
maximum Sum Assured	allowed to each individual will
Premium modes	Yearly, Half-Yearly, Quarterly, Monthly, Single Premium
Loan available	Yes
Surrender available	No

Benefits and riders

Death benefit

Options” o Choose the Policy Term. o Opt for payment of Maturity/ Death Benefit in instalments • Benefit of attractive High Sum Assured Rebate. • Rebate for existing Policyholder and Nominee/ Beneficiary of deceased Policyholder 2 • Takes care of liquidity needs through loan facility. • Option to enhance coverage by opting for rider benefits on payment of additional premium for the rider benefits.

Maturity benefit

On survival of at least one of the lives assured to the stipulated Date of Maturity, “Sum Assured on Maturity” along with accrued Guaranteed Additions, shall be payable; where “Sum Assured on Maturity” is equal to the Basic Sum Assured.