LIC Bima Jyoti : For salaried individuals who are looking for tax savings in last minute..!




LIC Bima Jyoti : For salaried individuals who are lookingavings in last minute..!

by Suresh KP


 LIC Bima Jyoti Plan No 860 – Features, Eligibility, Benefits and Review

LIC Bima Jyoti new plan is being launched on 22nd February, 2021.

LIC keep coming with new insurance plans at the end of the financial year to attract salaried individuals who are looking for tax savings in last minute.

Eligibility details for LIC Bima Jyoti Plan


Minimum age of entry

90 days

Maximum age of entry

65 years

Minimum age of maturity

18 years

Maximum age of maturity

75 years

Policy Term

15 years to 20 years

Premium payment term

Policy term minus 5 years

Premium payment mode

Monthly, Quarterly, half year and yearly

Minimum Sum Assured

1 Lakh

Maximum Sum Assured

No limit

 

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