LIC's Aadhaar Shila Plan is one the best plan specially designed plan exclusively for female policyholders with having Aadhar card. It’s a very good plan with low premium and high risk cover with attractive returns on maturity of the policy.
It provides financial support to the family of the insured person in case of unfortunate death before maturity and a lump sum amount with full sum assured along with bonus and fab if any on the completion of policy term to the policyholder.
LIC's Aadhaar Shila Plan is a non linked saving cum protection regular premium paying plan.
Key Features of LIC's Aadhaar Shila Plan:
• This Plan is available as low as Rs. 250 Per Month
• This plan is only available for female policyholder
• This Plan is non linked, saving with insurance plan
• The scheme guarantees risk coverage for full Sum assured from day one of policy.
• The Maximum Premium payment & policy term under this policy is 20 years
• Very good plan in terms of Returns & Risk Cover
• In case of death of insured any time during the policy term, nominee will get full Sum assured and bonus along with FAB, if any.
• The minimum sum assured is Rs 75000 and Maximum is Rs. 300000
• This policy can be taken between 8 to 55 years of age
• The policy offers all premium paying mode i.e. monthly, ecs, quarterly, half yearly and yearly
• On completion of policy term, full Sum assured along with bonus and FAB if any paid to policyholder
• This plan offers Accidental Death Benefit Rider
• There is a Loan and Surrender facility available under this plan
• Premium paid under this policy gets tax benefits under IT act
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