CROREPATHY FROM DAY 1

  • A special combination of two plans which not only provides risk cover of 1 crore from day 1 but also provides maturity amount of 1 crore at the time of maturity.
  • This combination is the finest way to protect your family from day 1 along with creating a huge wealth on maturity.
  • Risk cover continuously increases with 1 crore from day 1 till maturity, also risk cover continues even after maturity to a certain extent.
  • Surrender and loan facility also available provided premiums have been paid for 3 years.
  • Double tax benefit available (Premium paid gives 80c benefit up to ₹ 1,50,000 and maturity is also tax free under section 10 (10D)).
An Illustration: For a standard life
“CROREPATHY FROM DAY 1”
Age Per Day Saving(Approx.) ₹ Get maturity of ₹ 1 Crore at the age of Risk cover of ₹ which continues even after maturity
25 Years 210 60 Years 20,00,000
30 Years 240 65 Years 20,00,000
35 Years 280 70 Years 20,00,000
40 Years 425 70 Years 28,00,000
45 Years 650 70 Years 36,00,000
Disclaimer: “Crorepathy from Day 1” is a concept name only and it’s not a direct product of LIC, we made the combination of two plans as per the client need and the two plans used for combination are of LIC of INDIA.