## LIC’s New Jeevan Amar (Plan No. 955) 👉Secure Your Family’s Future with Pure Protection* 🙂LIC’s New Jeevan Amar is a *Non-Linked, 🙂Non-Participating, Individual, Pure Risk Life Insurance Plan*. 🙂It is designed to provide high life cover at affordable rates, 🙂🙂ensuring that your loved ones remain financially independent even in your absence. ### *Key Features & Benefits* * *High Life Cover:* Offers substantial financial protection to your family at a very competitive premium. * *Flexibility in Benefit Sum Assured:* Choose between two options: 1. *Level Sum Assured:* The death benefit remains constant throughout the policy term. 2. *Increasing Sum Assured:* The death benefit increases by 10% (after the 5th year) until it doubles, providing extra cover as your responsibilities grow. * *Premium Payment Options:* * *Single Premium:* Pay once and stay covered. * *Limited Premium:* Pay for a shorter duration than the policy term (5 or 10 years less). * *Regular Premium:* Pay throughout the policy term. * *Special Rates for Women:* Enjoy lower premium rates specifically designed for female lives. * *Non-Smoker Category:* Benefit from lower premiums if you are a non-smoker (applicable for Sum Assured of ₹50 Lakhs and above). * *Death Benefit Options:* The nominee can receive the death benefit in a *Lump Sum* or in *Installments* (over 5, 10, or 15 years) to ensure a steady income. ### *Eligibility Criteria* | Parameter | Min / Max Limits | |---|---| | *Minimum Entry Age* | 18 Years (Last Birthday) | | *Maximum Entry Age* | 65 Years (Last Birthday) | | *Maximum Maturity Age* | 80 Years (Last Birthday) | | *Policy Term* | 10 to 40 Years | | *Minimum Sum Assured* | ₹25, 00, 000 | | *Maximum Sum Assured* | No Upper Limit (Subject to underwriting) | ### *Optional Rider* * *LIC’s Accidental Benefit Rider:* Enhance your protection by adding this rider for an additional premium, providing extra financial support in case of an accidental death. > *Note:* This is a pure term insurance plan; there is no maturity benefit or surrender value payable if the life assured survives the policy term. > Are you looking to calculate the specific premium for your age, or would you like to compare this with other term plans?
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