Introduction
Single Premium Endowment Plan
New Endowment Plan
New Jeevan Anand
Jeevan Rakshak
Limited Premium Endowment Plan
Jeevan Lakshya
New Money Back Plan-20 yr.
New Money Back Plan-25 yr.
New Bima Bachat
New Children's Money Back Plan
Jeevan Tarun
Anmol Jeevan - II
Amulya Jeevan - II
e-Term
New Term Assurance Rider

NEW TERM ASSURANCE RIDER

 
LIC's New Term Assurance Rider provides for life cover in case of unfortunate death of the insured during the cover period. It can be attached with a basic policy to provide add-on benefit at a nominal cost. This rider shall only be attached with Non-Linked plans at the inception of the base policy.
 
Death Benefit :
In case of unfortunate death of the life assured during the term of the Rider, an amount equal to the Term Assurance Rider Sum Assured shall be payable.
 
Maturity Benefit :
On survival to the end of the term of the Rider, nothing shall be payable