Your dreams and aspirations deserve something more than a traditional investment plan.
LIC SHAKTHI is a combination of investment and protection which will make your dreams a reality.
This is a single-premium non-linked, non-participating saving-cum-protection plan with a fixed term of six years.
Sum Assured with guaranteed additions are payable at the end of the policy term.
Two times of the sum assured plus accrued guaranteed addition.
Guaranteed addition of 8% per annum (80 per thousand sums assured) to the sum assured even in this falling interest.
- Minimum age at entry - 18
- Maximum age at entry – 60
- Policy Term: 6 years
- Minimum Sum Assured: 150,000
- Premium Paying Term: Single Premium.
LIC SHAKTHI – Ultimate strength of the family
Shakthi No. 1
A powerful tool of financial provision for higher education abroad for students in the age of 18 and above.
Shakthi No. 2
Provision of the secured guaranteed amount at the time of retirement fr employees above age 45
Shakthi No. 3
Beautiful marriage gift for dear son/daughter
Shakthi No. 4
Family becomes powerful having LIC Shakthi in the name of Father, Mother, Son and Daughter
Shakthi No. 5
Guaranteed 8% addition for any amount of foreign remittance
Shakthi No. 6
Assignable in case of Housing loan from Bank
Shakthi No. 7
A better form of FD with a higher return having double the sum assured death cover