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Product Information
Plan No. 860
Table No. 860 : Bima Jyoti Plan
Product Info & Benefits:
  • Bima Jyoti is a life Limited Premium Payment, Non-Linked, Non-Participating, Individual & Life Insurance Savings Plan.
  • This is ideal plan for those who want to pay the premium for a shorter period
  • The customer gets the tax-free maturity under this plan which includes the guaranteed addition along with Sum Assured
  • This plan has an option of choosing the Accidental Life cover, Disability Benefit, Critical illness Rider & New Term Assurance Rider.
  • This plan also has the option of taking the Maturity proceeds in installments as the policy-holder can choose the no of year as 5, 10 or 15.
  • Similarly, the policyholder also has the option of choosing the death benefit in installments
  • LIC also offers the discount in the premium in case the mode of payment is Yearly.
  • The loan is also available to the policyholder after the completion of 1 year of the policy
Eligibility Criteria
Min. Max.
Age 90 Days (completed) at Entry
18 Years (Completed) at Maturity
60 Years (Nearer Birthday) at Entry 75 Years (Nearer Birthday) at Maturity
Basic Sum Assured Rs. 1,00,000 No Limit
Policy Term 15 Years 20 Years
Premium Paying Term (PPT) 10 Years 15 Years
Riders Accidental Life Cover Rider
Disability Benefit Rider
Critical Illness Rider
New Term Assurance Rider