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Atul RanaIndependent LIC Advisor
riders

LIC's New Term Assurance Rider

Plan Not statedUIN 512B210V02

LIC's New Term Assurance Rider is a current riders product listed on the official LIC India product index.

At a glance

Key highlights

Plan type

riders

UIN

512B210V02

Who should consider this plan?

enhancing an eligible base policy

Eligibility and policy information

Eligibility and policy information for this plan
minimum Entry Age18 years (completed)
maximum Entry Age60 years (nearer
Premium modesSingle Premium
Surrender availableNo

Benefits and riders

Death benefit

On death of the Life Assured before the stipulated date of expiry of the Rider, provided Rider along with the Base Policy is in-force, an amount equal to “Term Rider Sum Assured on Death” shall be payable. Under Regular and Limited premium payment policy, “Term Rider Sum Assured on Death” is defined as the highest of: • Term Assurance Rider Sum Assured; or • 7 times the Annualized Rider Premium; or • 105% of “Total Rider Premiums Paid” upto the date of death. Under Single premium payment policy, “Term Rider Sum Assured on Death” is defined as the higher of: • Term Assurance Rider Sum Assured; or • 1.25 times of Single Rider Premium. Where, i. Annualized Rider Premium shall be the premium amount payable in a year under this Term Assurance Rider excluding the taxes, underwriting extra premiums and loadings for modal premiums. ii. Total Ride

Maturity benefit

On survival to the end of the term of the Rider, nothing shall be payable. 2

Official documents

Product source on the Official LIC Website (opens in a new tab)

Important disclaimer

Please refer to the official LIC brochure and policy document for complete terms, conditions, exclusions and current availability.

Last verified: 2026-08-01

Personal assistance

Plan with clarity and confidence

Every LIC plan should be considered in the context of your family, financial goals, time horizon, and affordable budget. Atul Rana provides one-to-one guidance using current official plan information.

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One-to-one policy consultation

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Planning for family protection

Helping families consider financial security for the people who depend on them.

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Supporting a child's future

Goal-based guidance for education, milestones, and long-term family responsibilities.

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Enquire about New Term Assurance Rider