Bhima Jyothi Policy 860 – LIC Bharosa
LIC Of India has launched a non-linked, non-participating, individual savings plan – Bhima Jyothi Policy 860.
LIC Bima Jyoti (Plan No.860) is non-linked plan which offers an attractive combination of protection and savings. Under this policy, Guaranteed additions shall accrue at the rate of rs.50 per 1000/- basic sum assured at the end of the each policy year throughout the policy term.
Premium Payments Mode
Monthly (ECS), Quarterly, Half Yearly and Yearly
Term / Duration
15-10 Years
16-11 Years
17-12 Years
18-13 Years
19-14 Years
20-15 Years
Minimum Entry Age
3 Years ( Near Birthday ) for term 15
2 Years ( Near Birthday ) for term 16
1 Years ( Near Birthday ) for term 17
0 Years ( Near Birthday ) for term 18
0 Years ( Near Birthday ) for term 19
0 Years ( Near Birthday ) for term 20
Maximum Entry Age
60 Years ( Near Birthday) for term 15
59 Years ( Near Birthday ) for term 16
58 Years ( Near Birthday ) for term 17
57 Years ( Near Birthday ) for term 18
56 Years ( Near Birthday) for term 19
55 Years ( Near Birthday ) for term 20
Minimum Maturity Age:
18 Years ( Completed )
Maximum Maturity Age
75 Years ( Near Bithday )
Minimum Sum Assured
1, 00,000 (multiple of 25,000 thereafer)
Maximum Sum Assured
No Limit (Depending upon your income)
Guaranteed Addition:
Rs: 50/- per 1000/- Sum Assured throughout the policy term
Loan
Loan Facility is Available under this plan.
Income Tax Benefit
Tax Rebate under Section 80C
Survival Benefits:
SA on Maturity + GA
*SA on Maturity* = Basic Sum Assured
New Term Assurance Rider Available
New Critical illness Benefit Rider Available
Premium Waiver Benefit Rider Available
Useful Links:
How To Know LIC Maturity Amount?
How Make The LIC Payment Online?
How to Transfer My Policy One Branch to Another Branch?
LIC Premium Receipt Download Without Login
How To Check LIC Maturity Amount Online?
How to Transfer LIC Policy Online?