LIC Jeevan Lakshya 933
Maturity Calculator
Use LIC Jeevan Lakshya 933 Maturity Calculator to calculate your maturity requirement by providing the desired sum assured along with your age and the policy term. You can get your yearly premium and maturity value by providing the above input.
LIC Jeevan Lakshya Plan Summery
LIC’s Jeevan Lakshya Plan - Eligibility
- Min. Policy Term:Â 13 years
- Max. Policy Term:Â 25 years
- Premium Paying Term:Â (Policy Term -3) Years
- Min. Basic Sum Assured:Â Rs. 1,00,000/-
- Max. Basic Sum Assured:Â No Limit.
- Min. Entry Age: 18 years.
- Max. Entry Age:Â 50 years.
- Maximum Age at Maturity:Â 65 years.
- Premium Payment Options:Â Yearly, Half-yearly, Quarterly & Monthly.
- Accidental Death & Disability Benefit Rider: Available on payment of extra premium.
LIC’s Jeevan Lakshya Plan - Benefits
- On Death: Sum Assured + Bonus + Final Additional Bonus (FAB) if any,
where sum assured on death:
     110% of Basic Sum Assured or 7 times of Annualized Premium, whichever is higher.
- On Survival: Sum Assured + Bonus + Final Additional Bonus (FAB) if any.
- Surrendered Value: The Policy can be surrendered after completion of minimum of two full years of premiums been paid.
- Loan: Loan Facility is available only after payment of premiums for at least two years.
- Income Tax Benefit: Premium paid under this plan is eligible for TAX rebate under section 80c. and maturity benefits is free under Sec 10(10D).