LIC Jeevan Madhur with-profits Micro Insurance cum savings plan wherein premiums can be paid in weekly, fortnightly, monthly, quarterly, half-yearly or yearly intervals over the term of the policy. Sum Assured varies from Rs 5000 to Rs 30000.
Micro Insurance Plan (Table No. 182):
|Minimum age at entry||18 years (completed)|
|Maximum age at entry||60 years (nearest birthday)|
|Maximum age at maturity||65 years (nearest birthday)|
|Term||5 to 15 years.|
|Minimum Sum Assured||Rs. 5,000|
|Maximum Sum Assured||Rs. 30,000|