NLIC Insurance plan

Jeevan Laxmi - Triple Benefit Scheme with Bonus

The plan is the Triple Benefit Endowment Plan with Bonus payable on the following terms:

  1. Basic Sum Assured with bonus payable on maturity
  2. Two times of Basic Sum Assured with proportionate final bonus payable on normal death under inforce policy within policy term.
  3. Three times of Basic Sum Assured with proportionate bonus payable in case of accidental death under inforce policy within policy term.
  4. Minimum Sum Assured is Rs. 50,000 and maximum Rs. 100,000
  5. Minimum entry age is 16 yrs and maxmimum entry age is 50 yrs
  6. Minimum term is 7 yrs and maxium term is 25 yrs or maximum age of 60 yrs which ever is earlier.
  7. The mode of payment is either yearly or half yearly.