LIC New Jeevan Amar, offered by Life Insurance Corporation of India (LIC) is a comprehensive term plan that offers financial protection to the family of the assured in case of the policyholder’s unfortunate death during the policy term. The nominee of the assured will receive the death benefit as per the sum assured on death selected by the policyholder. The term plan can be purchased offline only and offers two sum assured options, from which the policyholders can choose the one most suitable for them.
Minimum Entry Age | 18 years |
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Maximum Entry Age | 65 years |
Age at Maturity | 80 years |
Basic Sum Assured | Min - Rs. 25,00,000 | Max - No Limit |
Policy Term | Min - 10 years | Max - 40 years |