LIC Jeevan Amar

About LIC Jeevan Amar

A quick read on what this LIC Term Insurance term plan covers and why it might be a fit for you.

Pros & cons

A quick honest summary — the strengths and the trade-offs.

Who can buy this plan

Eligibility criteria pulled straight from the policy wording.

Riders Associated with LIC Jeevan Amar Plan

You can add the following riders to your LIC Jeevan Amar Plan:

Benefits of LIC Jeevan Amar

Here are the key benefits of the LIC Jeevan Amar.

Exclusions of LIC Jeevan Amar Plan

Here is the list of exclusions associated with the plan:

• Death due to a pandemic is not covered by the company.
• Death due to adventure sports.
• Death due to consumption of drugs and alcohol.
• Death due to any pre-existing disease not disclosed at policy inception.
• If a policyholder commits suicide within the first 12 months of purchasing the policy, then no death benefits are paid to their nominee. Either premiums paid to date or the surrender value of the policy, whichever is higher, is paid to them.

Conclusion

LIC Jeevan Amar Plan is a simple and easy-to-understand plan that protects your loved ones financially in case of your unfortunate demise during the policy tenure. If you are still confused about which term plan is best for you, then you can contact us at PolicyX.com. One of our insurance representatives will contact you shortly, understand your requirements, and choose a plan that suits your needs.

Term Insurance Articles

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