LIC's Amulya Jeevan - II is a protection plan which provides financial protection to the insured's family in case of his/her unfortunate demise.
Benefits
Death Benefit
In case of unfortunate death of the Life Assured during the policy term Sum Assured shall be payable
Maturity Benefit
On survival to the end of the policy term, nothing shall be payable.
Key Features of LIC Anmol Jeevan II Policy
- Pure term plan with only death benefit
- Sum Assured of Rs.25 Lakhs or more can be opted
- There is no maturity benefit in this plan
- Tax benefits available
Eligibility conditions and other restrictions in LIC's Amulya Jeevan II Insurance Policy
- Sum Assured Minimum Rs.25,00,000 & Maximum Unlimited
- Policy Term are Minimum 5 Years & Maximum 35 Years
- Premium Payment Term is Equal to policy tenure
- Entry Age of Insured Minimum 18 Years & Maximum 60 Years
- Age at Maturity is Maximum 70 Years
- Payment modes are Yearly and Half-Yearly