Which is the best LIC policy for age 54?
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Which is the best LIC policy for age 54?
Eligibility Criteria for LIC Jeevan Labh
| Minimum entry age | 8 years (completed) |
|---|---|
| Maximum entry age | 59 years (nearer birthday) for policy term of 16 years 54 years (nearer birthday) for policy term of 21 years 50 years (nearer birthday) for policy term of 25 years |
| Maximum Age at maturity | 75 years (nearest birthday) |
Which LIC policy is best for 55 year old?
LIC’s Jeevan Umang (UIN: 512N312V02)
| Minimum Basic Sum Assured | Rs. 2,00,000 |
|---|---|
| Policy Term | (100 – age at entry) years |
| Minimum Age at entry | 90 days (completed) |
| Maximum Age at entry | 55 years (completed) |
| Minimum Age at the end of premium paying term | 30 years (nearest birthday) |
Which LIC policy is best for 50 year old?
Best LIC Plans List for 2022
| LIC Policies | Plan Type | Entry Age |
|---|---|---|
| LIC Jeevan Umang | Whole Life Insurance | 90days(completed)-55 years |
| LIC Jeevan Amar | Term Assurance Plan | 18 years- 65 years |
| LIC Money Back 25 years | Money Back Policy | 13 years-45 years |
| LIC New Jeevan Anand | Endowment Plan | 18 years- 50 years |
What is the maximum age for LIC?
LIC Tech Term Plan(Plan 854)
| Minimum Sum Assured | Rs.50 lakh |
|---|---|
| Minimum Entry Age | 18 years |
| Maximum Entry Age | 65 years |
| Maximum age at exit | 80 years |
| Minimum Policy Term | 10 years |
What is a 65 life policy?
Whole Life Guaranteed to 65 is permanent life insurance coverage with premiums payable up to age 65. This coverage offers paid-up insurance upon retirement as the premium payments are completed during your working years.