Page 3 - Plans PPT 2
P. 3
Introduction
The simplest yet the most popular plan of LIC International that allows you to smartly build
wealth over the years and offers you the benefits of investment, life cover, liquidity and
convenience.
Benefits
On Maturity of the policy, the Life Assured will receive, Sum Assured along with accrued
Bonus.
In the event of unfortunate death before Maturity, the nominee/beneficiary will receive Sum
Assured along with accrued bonus.
The policy holder has an option to choose Accident Benefit Rider during the term of the
policy or up to the age of 70, whichever is earlier. In the event of unfortunate death due to
accident when the policy is in force, an additional amount equal to accident benefit sum
assured is paid along with the claim. (This Rider is available for a maximum sum assured of
US$ 100,000 for an individual, inclusive of all the policies, held by him).
• In case of total and permanent disability arising as a result of an accident, all future
premiums to the extent of sum assured equivalent to accident benefit sum assured are
waived and an amount equal to accident benefit sum assured will be paid in equal
monthly installment spread over of 10 years.