- A special combination of two plans which not only provides risk cover of 1 crore from day 1 but also provides maturity amount of 1 crore at the time of maturity.
- This combination is the finest way to protect your family from day 1 along with creating a huge wealth on maturity.
- Risk cover continuously increases with 1 crore from day 1 till maturity, also risk cover continues even after maturity to a certain extent.
- Surrender and loan facility also available provided premiums have been paid for 3 years.
Double tax benefit available (Premium paid gives 80c benefit up to ₹ 1,50,000 and maturity is also tax free under section 10 (10D).
An Illustration: For a standard life
|“CROREPATI FROM DAY 1”|
|Age||Per Day Saving(Approx.) ₹||Get maturity of ₹ 1 Crore at the age of||Risk cover of ₹ which continues even after maturity|
|25 Years||210||60 Years||20,00,000|
|30 Years||240||65 Years||20,00,000|
|35 Years||280||70 Years||20,00,000|
|40 Years||425||70 Years||28,00,000|
|45 Years||650||70 Years||36,00,000|
Disclaimer: “Crorepati from Day 1” is a concept name only and it’s not a direct product of LIC, we made the combination of two plans as per the client need and the two plans used for combination are of LIC of INDIA.