LIC Amulya Jeevan Life Insurance – Review, Features, Benefits | Plan No. 823 | Full Details

LIC Amulya Jeevan Life Insurance – Review, Features, Benefits | Plan No. 823 | Full Details

LIC Amulya Jeevan II is a pure term insurance policy of LIC, which provides high life cover in case of unfortunate death of policyholder during the policy term. This plan does not provide any maturity value. Amulya Jeevan II plan provides high life cover in case of death on very low premium so it can be a must-have insurance plan for the adequate financial security of family and loved ones.
Key Features
• High Life Cover on low premium
• Premiums paid are eligible for tax rebate under 80(C)
• No Maturity or survival benefit
Death benefit
• The amount equal to sum assured will be paid to the nominee on death of policyholder during the policy term.
Maturity benefit
• On survival of policyholder, nothing will be paid