Jeevan Labh 936 Plan – LIC Jeevan Labh 936 Policy Details 

Jeevan Labh 936 is a limited premium paying non-linked with more profitable endowment assured plan or policy.

Premium Payments Mode

Monthly (ECS), Quarterly, Half Yearly and Yearly

Term / Duration

16 Years

21 Years

25 Years

PPT (policy payment term)

16 -10 Years

21-15 Years

25 -16 Years

Minimum Entry Age

8 Years Completed

Maximum Entry Age

59 Years (Nearest Birthday)

Maximum Maturity Age

75 Years

Minimum Sum Assured

2,00,000 (2lakh)

Maximum Sum Assured

No Limit (Depending upon your income)

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

You can surrendered at any time during the policy term provided at least 2 Full Years.

Survival

Basic Sum Assured + Vested Bonus + Final Additional Bonus

Risk

Basic Sum

(Or)

7 Times of Annualized premium

(Or)

105% of all premiums paid as on risk, whichever is Higher