The Smart way to save Tax and Create Wealth. Invest in Express Crorepati from Life Insurance Corporation of India (LIC).
Life Insurance Corporation of India (LIC) launched a new limited premium endowment policy with low premiums and heavy risk coverage.
Kam Bharo-Jyada Pao : Low Premiums for High End Customers.
By Saving just Rs.500/- per day for 16yrs, get a Tax-Free maturity of Rs.1 Crore after 25yrs.
Premiums Paid (Excluding Service Tax) is eligible for deduction under Sec.80C.
Benefits during the policy term :
· Normal Risk Cover of Rs. 40,00,000/- + Bonus + Final Additional Bonus(if any)
· Accidental Risk Cover of Rs. 80,00,000/- + Bonus + Final Additional Bonus(if any)
· In built PDBR( Permanent Disability Benefit Rider)
· Loan facility is available after 3 policy years
· Assignment option also available
Sample illustration for Mr. Ravi of age 30yrs—- Express Crorepati