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LIC’s Dhan Varsha is a Non-Linked, Non-Participating, Individual, Savings, Life Insurance plan which offers a combination of protection and savings. This plan provides financial support for the family in case of unfortunate death of the life assured during the policy term.
It also provides Guaranteed Lumpsum amount on the date of maturity for the surviving life assured.
Eligibility Criteria
Minimum | Maximum | |
Age At Entry | 8 yrs Completed for Policy Term 10yrs | For Policy Term 10 Yrs |
Option 1: 60Yrs Nearest Birthday | ||
Option 2: 40Yrs Nearest Birthday | ||
3 yrs Completed for Policy Term 15yrs | For Policy Term 15 Yrs | |
35 Yrs Nearest Birthday | ||
Policy Term | 10 & 15 Yrs | |
Sum Assured | 1,25,000 | No Limit |
Basic Sum Assured shall be in multiple of Rs. 5000/- | ||
Mode of Payment | Single |