Aadhaar Stambh 943 Plan – LIC Aadhaar Stambh 943 Policy Details
Aadhaar Stambh 943 is a regular premium paying non-linked with profits endowment assurance plan. This policy is an exclusively designed for male lives having Aadhar Card issued by UIDAI.
This policy is shall be available to standard lives only without any medical examination and the total sum assured under all the plans issued to an individual under this plan shall not exceed 3 Lakhs
Premium Payments Mode
Monthly (ECS), Quarterly, Half Yearly and Yearly
Term / Duration
10 to 20 Years
Minimum Entry Age
8 Years Completed
Maximum Entry Age
55 Years (Nearest Birthday)
Maximum Maturity Age
70 Years
Minimum Sum Assured
75000
Maximum Sum Assured
3,00,000 (3lakhs)
Loan
Loan Facility is Available under this plan. After 2 Years
Income Tax Benefit
Tax Rebate under Section 80C
Maturity Under this plan is Free under Section 10(10D)
Surrendered
The guaranteed surrender value shall be percentage of total premiums paid (net of taxes) excluding any extra premiums and premiums for riders.
Survival
Basic Sum Assured + Loyalty Addition if any
Risk
On risk of the life assured during the plan term sum assured on risk shall be payable which is the higher
Bassic Sum Assured
(Or)
7 Times of annualized premium
(Or)
105% of all the premiums paid as on date of risk.
The premium mentioned above excludes taxes, extra premium and rider premiums if any in addition to the above , loyalty addition if any shall also be payable if risk occurs after completion of 5th policy year.
Maximum Accidental Risk and disability benefit rider up to age 70 Years