LIC Jeevan Azad Plan
LIC Jeevan Azad is a Non-Linked, Non-Participating Limited Premium Endowment Plan that provides guaranteed maturity benefits together with financial protection for your family.
5.0 / 5.0
Plan Rating
Guaranteed Protection
Financial security for your family.
Guaranteed Maturity
Receive the Basic Sum Assured on maturity.
Limited Premium
Premium payment term is shorter than the policy term.
Tax Benefits
Tax benefits as per applicable Income Tax laws.
Key Features
- Non-Linked Savings Plan.
- Non-Participating Plan with Guaranteed Benefits.
- Limited Premium Payment.
- Guaranteed Maturity Benefit.
- Loan Facility Available.
- Optional Riders Available.
Eligibility
| Entry Age | 90 Days to 65 Years (as per LIC rules) |
|---|---|
| Policy Term | 15 to 20 Years |
| Premium Paying Term | Policy Term − 8 Years |
| Minimum Basic Sum Assured | ₹2,00,000 |
| Maximum Basic Sum Assured | ₹5,00,000 |
Benefits
Maturity Benefit
On surviving the policy term, the Basic Sum Assured is payable as the maturity benefit.
Death Benefit
In case of death during the policy term, the nominee receives the applicable Sum Assured on Death as per policy terms.
Calculate Your Premium & Maturity
Use our free online calculators to estimate your premium and maturity value.
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