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Jeevan Varsha

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Jeevan Varsha from LIC - Guaranteed returns plan

Jeevan Varsha is a close ended Money Back Plan with Guaranteed Additions from Life Insurance Corporation.

Features
• Jeevan Varsha provides for periodical payments of an amount of Sum Assured at specified durations, on survival during the term of the policy and on maturity.
• The Jeevan Varsha Plan provides for payment of Sum Assured on death.
• Guaranteed Additions are payable on death and Maturity.
• Loyalty Additions may also be payable during the last year of the policy on both maturity and death
• Premium can be paid yearly, half- yearly, quarterly, monthly (by ECS mode only)
• Loan is available under the plan after the policy acquires paid-up value.

Other Features

Grace Period:
A grace period of one month but not less than 30 days will be allowed for payment of yearly or half yearly or quarterly premiums &15 days for monthly premiums.