New Jeevan Nidhi, Service Location All India

Introducing the new Jeevan Nidhi from LIC is a traditional design equipped with profits pension plan. Life cover loss of life occurring in the first five coverage option years years provided the policy is featuring a, Fully active core assured value as well with accrued You will receive the promised amount either as a single single payment option or through regular annuity payments or partly in lump sum and balance offered in the shape of of an structured income for the nominee/ legal heir at the then prevailing immediate annuity rates. Death after first five policy years provided the policy is in essential coverage, Full force guarantee together with accrued guaranteed addition, Accrued straightforward reversionary rewards and ultimate supplementary bonus if any, Shall be paid as lump sum or in the form of an annuity or partly in A single payment coupled with the balance provided as an annuity to the chosen nominee or legal heir, Calculated at the prevailing immediate annuity rate rates. Benefit on vesting provided the policy is in an amount, On vesting, Full force equal to the fundamental guaranteed amount along with with accrued vested simple, Guaranteed additions reversionary incentives and a final supplementary rewardif any shall be made available to the life assured. Option available to life assured for implementation of the benefit amount