LIC Tech Time period Plan in Hindi | LIC Plan no 854 | LIC Tech Time period Plan 2019 | LIC New Coverage 2019

₹50 लाख का जीवन बीमा सिर्फ ₹ 5 प्रति दिन देने पर मिल रहा है|
₹ 50 Lacs Life Insurance at just ₹ 5/ per day


LIC’s TECH-TERM (UIN – 512N333V01)
Plan no: 854

LIC’s Tech-Term is a Non-Linked, Without Profit, Pure Protection “Online Term Assurance Policy” which provides financial protection to the insured’s family in case of his/her unfortunate demise.

Death Benefit
In case of unfortunate death (Natural or Accidental) of the Life Assured during the
policy term Sum Assured shall be payable.

Maturity Benefit
On survival to the end of the policy term, nothing shall be payable.

Minimum Rs 50 lacs
Maximum: No Limit

→ Option I: Level Sum Assured: “Absolute amount assured to be paid on death”
shall be an amount equal to Basic Sum Assured,
which shall remain the same throughout the policy term.


Minimum Entry Age: 18 years
Maximum Entry Age: 65 years

Minimum policy term: 10 years
Maximum policy term: 40 years

Maximum cover ceasing age: 80 years

Mode of payment: Regular premium (Yearly/Half-Yearly) or Limited Premium or
as Sinlge premium

Loan: NO
Surrender: NO

Income Tax Benefits: premium paid under this plan is eligible for tax rebate under
Section 80C

option for death claim payment? 
→ Death benefits can be paid as per given below as per choice of policyholder,
     1.Lumpsum- Amount will be paid in lumpsum to nominee.      2.In Installments-This is an option to receive Death Benefit in installments over the
chosen period of 5 or 10 or 15 years instead of lump sum amount under an inforce policy.
The installments shall be paid in advance at yearly or half-yearly or quarterly or monthly
intervals, as opted for.      This option can be exercised by the Life Assured during his/her life time; for full or
part of Death benefits payable under the policy.

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