Thursday, September 2, 2010

###LIC’s Pension Plus(Eligibility Conditions )....
*Eligibility Conditions And Other Restrictions:
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a) Minimum Entry Age - 18 years (last birthday)
b) Maximum Entry Age - 75 years (nearest birthday)
c) Minimum Vesting Age - 40 years (completed)
d) Maximum Vesting Age - 85 years (nearest birthday)
e) Minimum Deferment Term - 10 years
f) Sum Assured - NIL
g) Minimum Premium - Regular premium (other than monthly (ECS) mode) : Rs. [15,000] p.a.Regular premium (for monthly (ECS) mode) : Rs. [1,500] p.m. Single premium: Rs. [30,000]
h) Maximum Premium - Regular premium : Rs. [1,00,000] p.a.Single premium: No Limit
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Annualized Premiums shall be payable in multiple of Rs. 1,000 for other than ECS monthly. For monthly (ECS), the premium shall be in multiples of Rs. 250/-.

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