LIC Agent in Nagpur

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LIC Anmol Jeevan Plan

LIC Anmol Jeevan is a pure term insurance policy which is primarily for protection only. In this plan, your nominee will get the entire Sum assured if death occurs within the policy term and nothing is payable on maturity. So if nothing happens to you till the maturity period of the plan, nothing will be returned.
       Key Features Of LIC
  • Cheap plan which is for protection only with no maturity benefits.
  • Hazardous occupation, physically handicapped people are also considered under this plan of protection with additional premium. Sub-standard lives are also considered.
  • Death Benefit – The entire Sum Assured is paid on death during the policy term.
    Maturity Benefit – There are no Maturity Benefits. No benefit is payable on maturity as this is a pure protection plan.
    Income Tax Benefit - Life Insurance premiums paid up to Rs.1,00,000 are allowed as a deduction from the taxable income each year under section 80C. Maturity benefits too are tax exempt as per Section 10(10D)

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