Aadhaar Stambh Plan (943)

LIC’s Aadhaar Stambh Plan offers a combination of protection and savings. This plan provides financial support for the family in case of the unfortunate death of the policyholder any time before maturity and a lump sum amount at the time of maturity for the surviving policyholder. If you invest Rs 28 daily in this policy, you can get around Rs 4 lakh. Along with this, Loyalty Additions (after 5 years) are given to the insured.

Eligibility for LIC Aadhaar Stambh

Plan type	This is a non-linked, with-profit endowment assurance life insurance plan available only for male applicants holding an Aadhaar Card
Min. entry age	The applicant must at least be 8 years of age when first applying for the plan
Max. entry age	The applicant must not be above 55 years of age when applying for the plan for the first time
Max. maturity age	The applicant’s maximum age at the time of plan maturity must not be above 70 years
Sum assured	The min. basic sum assured offered under the plan is Rs.75,000; the max. basic sum assured is Rs.3,00,000; basic sum assured will be provided in multiples of Rs.5,000
Policy term	This policy will be issued for a term of 10 years to 20 years
Premium payment term	The premium payment term for this plan will be the same as the policy term
Date of risk commencement	The risk coverage under this plan will commence immediately from the date of policy issue
Payment of Premiums	Premiums for the plan can be paid on an annual, semi-annual, quarterly, or monthly basis; premium payment on a monthly basis will only be allowed under the NACH method

Mode Rebate:
Yearly mode – 2% of Tabular Premium
Half-yearly mode – 1% of Tabular premium
Quarterly, Monthly (through NACH) & Salary deduction – NIL

High Basic Sum Assured Rebate:
Basic Sum Assured (BSA) Rebate (Rs.)
75,000 to 1,90,000 – Nil
2,00,000 to 2,90,000 – 1.50%o BSA
3,00,000 – 2.00%o BSA

Thanks.