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LIC Jeevan Mitra (Triple Cover Endowment Plan) is a unique plan which offers superior financial protection against death for the complete term of the plan. This is an Endowment Assurance plan that provides greater financial protection against death throughout the term of plan. It pays the maturity amount on survival . Jeevan Mitra Triple cover plan (Table No) is a refined version of endowment plan. Jeevan Mitra – Triple Riskcover is ideal for the persons who require high.

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LIC Jeevan Mitra Triple Cover / Double Cover

You need to pay premium till 15 years. I want to go for Jeevan Mitra policy, my question is: Under any of these options, the policy acquires a Guaranteed Surrender value from the end of the 3rd policy year onwards. If you stop paying the premiums after 3 policy years, the policy acquires a Paid Up Value for a Reduced Sum Assured but the policy would be eligible for any future regular additions.

Tax laws are subject to change. Final Additional Bonus may also be payable provided the policy has run for certain minimum period. That’s a good decision! If you are looking for Double CoverPlease go to this page: No additional premium for accident cover, as it is a part of the policy. Dinesh Shrimal on August 21, at 4: An additional premium is required to be paid for these benefits.


In practice, the company will pay a Special Surrender Value — which is either equal to or more than the Guaranteed Surrender Value. How much money i will get at the time of maturity. Yearly premium is Rs.

LIC Jeevan Mitra Plan – Review, Key Features & Policy Benefits

I want to purchase a term plan till my 58 year age which risk cover should be Rs. Akash on July 21, at 9: The above is the product summary giving the key features of the plan. I am aware that this authorization will override my registry under NDNC.

Loan is allowed after 3 years Housing Loan Collateral: The policy may be surrendered after it has been in force for 3 years or more. To take this policy or to know more about this policy contact: The benefit payable on surrender reflects the discounted value of the reduced claim amount that would be payable on death or at maturity.

Please provide point wise benifits and assurance giving by LIC on the policy.


Buying a life insurance contract is a long-term commitment. I want jeevan mitra plan for my husband whose date of birth is 20 Dec Once declared, they form part of the guaranteed benefits of the plan. Added attractive features like Guaranteed and Loyalty Addition. However, surrender endowmeent will be available under the plan on earlier termination of the contract. With Aegon iTerm plan, get term insurance cover till the age of ! It is the largest insurance mihra in India with an estimated asset value of Rs.

Vijayakumar on November 21, at 6: Jeevan Mitra triple cover. The Sum Assured plus all bonuses declared up to maturity date is payable in a lump sum on survival to the end of the policy term. Rs 1 lakh; Policy term: Entry Age of Jesvan. In practice, the company will pay a Special Surrender Value — which is either equal to or more than the Guaranteed Surrender Value.

RAJU on January 18, at 5: