Life Insurance Corporation of India (LIC) launched a new limited premium endowment policy with low premiums and heavy risk coverage.
Smart way to save Tax and Create Wealth. Invest in Express Crorepati from Life Insurance Corporation of India (LIC).
Kam Bharo, Jyada Pao – Low Premiums for High End Customers.
Save Rs.500/- per day for 16yrs and get Tax-Free maturity of Rs.1 Crore after 25yrs.
Premiums Paid ( Excluding Service Tax) is eligible for deduction under Sec.80C.
Maturity Benefits / Death Benefits are 100% exempted from Tax U/S 10(10D). Means 100% Tax-Free Returns.
- 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. Raju of age 30yrs—- Crorepati
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