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CROREPATI PLAN

  • Safest way of estate creation as 1 crore is assured on maturity.
  • Ideal plan for protection and growth.
  • Extra 25% risk cover from day 1 and free risk cover up to age 100 is also possible.
  • 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)).
  • Most suitable for younger age group as the premium starts from as low as approx. 5,000 monthly.

An Illustration: An example at the age of 30 year

“CROREPATHY AT MATURITY”
Per Day Saving

(Approx.)

Get 1 Crore Maturity after Term In Case of Death of Policy Holder after Term / Maturity, Nominee will get Guaranteed from LIC

170 35 Years 20,00,000
280 30 Years 28,00,000
480 25 Years 38,00,000
720 21 Years 47,00,000
1200 16 Years 57,00,000

Disclaimer: “Crorepathy at Maturity” is a concept name only and the plan used for this concept is of LIC of INDIA.

The post CROREPATI PLAN appeared first on insurances24x7.com.



This post first appeared on THINKING TO BUY AN INSURANCE PLAN? THIS SPACE IS FOR YOU, please read the originial post: here

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CROREPATI PLAN

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