lic dhan rekha: LIC Dhan Rekha Savings Life Insurance Plan: Check Policy, Death Benefit, Maturity Details


The Life Insurance Corporation of India (LIC) has launched a new savings insurance policy called Dhan Rekha with effect from December 13, 2021. According to a press release released by LIC on December 13, it is insurance untied, non-participating, individual savings life insurance plan. “The product has various advantages and unique characteristics. There are special premium rates for female lives. Plan is allowed in the third sex. All the benefits of the plan are fully guaranteed, ”the statement said.

According to LIC’s press release, the Dhan Rekha plan pays a percentage of the insured base sum as a survivor benefit at regular intervals of the premium payment term.

LIC Dhan Rekha Plan Details

  • Under this plan, the minimum sum insured is Rs 2 lakh, with no greater restriction on the maximum sum insured.
  • Depending on the length of the policy, the minimum age for entry ranges from 90 days to 8 years. Depending on the length of the policy, the maximum entry age can range from 35 to 55 years old.
  • The plan can be purchased both offline and online through agents / intermediaries such as POSPLI / Common Public Service Centers (CPSC-SPV) and the website
  • This plan also includes a loan facility to meet liquidity needs. Optional jumpers are available as part of this plan for an additional price, however, there will be some restrictions, LIC said.

Death benefit

The death benefit insured for limited payment premiums is 125% of the base face amount or 7 times the annualized premium, whichever is greater, but not less than 105% of all premiums paid up to the date of death, plus guaranteed additions, according to the LIC press release. . “Instead of receiving a lump sum payment, maturity and death benefits can be received in installments over a 5-year period. 10-year, 15-year or 20-year single premium or limited premium payment options are available, ”he added.

If the policy is in force, the guaranteed additions will accumulate at the end of each insurance year from the 6th insurance year until the end of the policy term.

Deadline details

The policyholder receives the entire sum insured without deduction of the amount of the rebate received combined with the guaranteed additions accumulated at maturity. This scheme provides financial assistance to the family of the policyholder in the event of the premature death of the policyholder during the term of the contract.


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