LIC DHANA VRIDDHI PLAN 869
LIC Dhan Vriddhi plan 869 is a newly launched plan with guaranteed returns. LIC Dhan Vriddhi plan is a single premium insurance plan, Non-Linked, Non-Participating, Individual, Savings, which offers a combination of protection and savings.
This plan provides financial support for the family in case of unfortunate death of the life assured during the policy term. It also provides a guaranteed lump sum amount on the date of maturity for the surviving life assured.
LIC DHANA VRIDDHI PLAN 869 Requirements:
- Minimum Sum Assured Rs. 1,25,000
- Sum Assured in multiple of Rs.5,000
- Maximum Sum Assured No limits
- Single Premium Insurance Plan with three policy terms and two options for life cover
- Guaranteed Additions, based on Basic Sum Assured, Options & Term.
Buy LIC DHANA VRIDDHI PLAN 869
Riders available under this plan :
The proposer can add Accidental Death and Disability Benefit Rider or Term Assurance Rider on paying an extra premium.
Term of the Policy | Minimum age at entry | Maximum age at entry | Maximum Maturity age |
10 years | 8 | 40 | 50 |
15 years | 3 | 35 | 50 |
18 years | 90 days | 32 | 50 |
Benefits of LIC Dhan Vriddhi plan
This plan can be purchased directly online or offline also from LIC Agents
Insurance cover:
The proposer can choose between 1.25 times life insurance coverage and 10 times life cover.
Provision to receive the maturity and death benefits. The benefits may be paid in installments like monthly, quarterly, half-yearly or yearly mode as per the plan features.
Loan on LIC Dhan Vriddhi plan
Policy Loan is available after 3 months from the date of the completion of the Policy.
LIC DHANA VRIDDHI PLAN 869 can be recommended as a Life Insurance Plan with Riders, a simple Investment Plan, a tension-free single Premium Plan, a plan with Guaranteed Benefits, single premium tax saver plan suitable for ages 0 to 60 years.