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Anmol Jeevan
Features
LIC's Anmol Jeevan is a unique plan of assurance policy, by far the cheapest policy
to buy; cheaper than even a whole life policy to start with. This plan is allowed
to standard and sub-standard lives (upto Class VI EMR). In case of female lives,
this plan will be restricted to Category I and II lives only. Physically handicapped
persons will not be eligible for this plan.
Special Features
Persons following hazardous occupations attracting an Occupation Extra of Rs.4/-
or more per Rs.1000/-
Sum Assured will not be eligible for the plan. Cost of medical examination will
be borne by the
Corporation.
• Standard age proof will have to be submitted along with the proposal form.
• Proposals will be considered on the basis of Medical Reports and Special reports
(if any).
• Cost of medical examination (including Special reports, if any) will be borne
by the LIC as per rules.
• The basic Sum Assured under this plan will be the basis for medical examination
and SUC.
Benefits
Survival Benefits:
This being a pure term assurance policy, no maturity proceeds are payable.
Death Benefits:
On the other hand, the risk of premature death is fully covered to the
extent of the sum assured.
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