| Double Cover Endowment |
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LIC (International) B.S.C. (c)'s Double Cover
Endowment Plan is substantially different from conventional
Endowment Plans. It provides a new dimension to the concept
of insurance security.
Under this plan if the life assured survives the term, then
the sum assured along with bonuses is paid. In the event of
death during the term of the policy, the basic sum assured is
doubled and paid along with accrued bonuses
on the basic sum assured.
For example, if a person is insured for $100,000 under this
plan, and in the event of death before the maturity of the policy,
$200,000 plus bonuses accrued on the basic sum assured of $100,000
become payable. If the policyholder survives the full term,
the maturity benefit shall be $100,000 plus bonuses.
LIC (International) B.S.C.'s Double Cover Endowment Plant is
available for those aged between 18 and 50 years for a sum not
exceeding $100,000.
Other Features of this plan
 Portability
Loan
facility
Accident
Benefit
Flexible
options in Premium |
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Child Education
/ Marriage Plans