CROREPATI PLAN

  • Safest way of estate creation as 1 crore is assured on maturity.
  • Ideal plan for protection and growth.
  • Extra 25% risk cover from day 1 and free risk cover up to age 100 is also possible.
  • Surrender and loan facility also available provided premiums have been paid for 3 years.
  • Double Tax Benefit available [Premium paid gives 80c benefit up to ₹ 1,50,000 and maturity is also tax free under section 10 (10D)].
  • Most suitable for younger age group as the premium starts from as low as approx. ₹ 5,000 monthly.

An Illustration: An example at the age of 30 year

CROREPATI AT MATURITY
Per Day Saving (Approx.) ₹Get 1 Crore Maturity after TermIn Case of Death of Policy Holder after Term / Maturity, Nominee will get Guaranteed from LIC ₹
17035 Years20,00,000
28030 Years28,00,000
48025 Years38,00,000
72021 Years47,00,000
120016 Years57,00,000

Disclaimer: “Crorepati at Maturity” is a concept name only and the plan used for this concept is of LIC of INDIA.

 

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