LIC Jeevan Mitra (Double Cover Endowment Plan)

Recommendations :No

Name of the policy :
LIC Jeevan Mitra (Double Cover Endowment Plan)

A brief desciption :

LIC Jeevan Mitra is a simple endowment policy having an additional variant called (Double Cover Endowment Plan). In this plan, if the Life Insured dies within the policy tenure then his nominee would receive Double the Sum Assured + accrued Bonus. Now, if the Life Insured survives the entire term, then he would receive basic Sum Assured + accrued Bonus.

Started date :1/7/1985
Type of policy :Insurance cum investment
Category :Traditional-Endowment Plan
Insurance :Min- 50,000 Max- No Limit
Returns expected :Less than Fixed Deposit
Entry age :18-50 years

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