Jeevan Amrit:

Many of us want an insurance policy that offers greater life cover but at an affordable cost.  Some of us do not want to buy an insurance policy which will carry on for many years, since we are impatient to wait till that time to receive the maturity benefits.  

Jeevan Amrit is one of LIC’s endowment assurance plans that offers greater life cover at an affordable price as well as the policy term ranges for not more than three, four or five years. Premiums can be paid monthly, quarterly, half yearly, or annually.

In this plan you are allowed to choose the sum assured amount, the term of premium payment, policy duration and arrangement of paying your premium.

You will receive the following benefits if you buy LIC’s Jeevan Amrit:
This plan provides the death benefit which states that if the life insured dies during the policy term, the beneficiary will receive the sum assured and also receive all the additional bonuses and the terminal bonus.

At the time of maturity, the life insured will receive the total premiums as well as any added premiums that he has been paying and also a lump amount the bonuses that are applicable to him during the policy term.

Profits obtained over the years through business related projects will be shared among the policy holders and hence bonuses can be received at the end of the policy term.  But at the same time if one surrenders the policy after completion of three years, the policy holder will receive only the guaranteed surrender value and no bonuses.

LIC’s Jeevan Amrit is a policy which secures your life as well as your family against death by providing strong financial security during the policy term.  If you buy a Jeevan Amrit policy, you can spend the rest of your life in peace and with no worries.  Have a peaceful life full of joy and laughter and a happy death too.