May 22, 2020


LIC Amulya Jeevan II – Compare features and benefits of Amulya Jeevan II No. from LIC. Also check other latest plans from LIC and check your eligibility. Detailed Review of LIC Amulya Jeevan Plan. Compare Premiums, Features & Benefits of this Term Insurance Plan with other similar plans. Detailed Review & Recommendation on LIC Amulya Jeevan 2 Plan. Compare Premiums, Key Features & Benefits of this term insurance policy with other similar .

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Maturity Benefit — There is no benefit is payable on maturity as this is a pure protection plan.

Click Here to Request a Callback! Hence LIS advises people to get insured as early as possible so as to avail benefits of maximum life cover at minimum premiums. Also, death benefits are not taxed under the act. Premiums for this policy cannot be paid on the monthly or quarterly basis. How can I get the reports? Policy Term in years. I gave blood and urine samples for medical tests. Which tests are required.

M Surendra Prasad Wrote: I am professional, will I need to go for medical. Sum assured should be at least Rs 25 lakh and maximum any amount above this.

LIC Amulya Jeevan II Plan – Review, Key Features & Benefits

Amulya Jeevan II plan provides high life cover in case of death on very low premium, so it can be a must have insurance plan for adequate financial security of family and loved ones.


The below illustration is for a healthy Male non-tobacco user opting for: This plan does not provide any maturity value. Income Tax Benefit – Life insurance premiums paid up to Rs.

You want to surrender the policy — Surrender benefits are not available under this term plan. Documents in support of such proofs would include Aadhaar card, Pan card, Ration card, birth certificate, matriculation certificate, passport, voter id, income documents, bank statement, photograph, electricity and gas bill. I need a policy which can give a minimum protection of 50 L to my family. Premium Payment Term in years. Entry Age of Policyholder in years.

Maturity benefits too are tax exempt as per Section 10 10D. Maturity benefit On survival of policy holder, nothing will be paid.

LIC Amulya Jeevan 2 (823)- A pure Term Insurance

The company does not pay death benefits if the policyholder commits suicide within 12 months of purchasing or renewing Amulya Jeevan II policy. Some professionals and government employees are allowed up to 15 Lakh risk cover without medical test.

Is there any way like this? How helpful was this page?

I am planning to buy Amulya Jeevan term plan of sum assured 50,00, rs 50 lacs. If we add that feature while taking amulya jeevan policy? Employee having 5 lack health insurance Can I purchase this policy or i am eligible for this policy Please reply me Load More Comments 31 – 50 of What is the premium to be paid.

I have recently opted term plan policy of lacs.

But in in illustration you have stated that the nominee will get the amount only on or after 10years. I want to know the premium for Amulya jivan 2 for term of 25 yrs. The Proofs required for the Amulya Jeevan II Plan include age, identity, address and income proofs as well as basic medical proofs like blood and urine test reports if applicable.


Paid Up Value Of Amulya Jeevan II Policy The Amulya Jeevan II Plan does not acquire any paid-up value after any number of years that is even if premiums are paid for a certain number of years, say three years, they need to be continued throughout the policy tenure as failure to do so results in policy lapse.

My income isn’t around 6 lac per annum. It is a pure life cover plan for those who seek to ensure the wellbeing of their family members and dependents even in their absence due to death. Equal to policy term. Yearly and half yearly. Policy cover ceases at 70 years. Rajesh kumar pal Wrote: Policyholders of the Amulya Jeevan II plan need to pay premiums half yearly or yearly.

But in case of unfortunate death during policy term, 50,00, will be paid to policy holder’s nominee. Anand Raju Patole Wrote: Load More Comments 31 – 38 of You want a loan against your policy — There is no loan facility under this policy.