for take this Policy and can be continued till 75 years. 1. Last date 31.12.2020. 7 Best Short Term Investment Options in India, Life Insurance Corporation of India offers, This is a Participating Traditional Endowment Plan. LICâs New Endowment Plus Plan is a unit-linked insurance plan popularly abbreviated as ULIPs. Optional Benefit:
Sum Assured on Death is defined as higher of: Basic Sum Assured as chosen at the beginning of the policy, Subject to a minimum of 105% of the total premiums paid as on date of death. LIC's e-Term policy is a pure life cover policy that provides financial protection to ⦠LIC Endowment Assurance Policy is a vanilla endowment plan with reversionary and terminal bonus.The plan has a strong track record of reversionary bonus (4.8% of the sum assured for FY 2015) Annual premium to sum assured ratio is more than 20 times, which makes the ⦠You can add an accidental death rider and permanent disability rider to this policy. The entry age of the plan ranges from minimum 8 years to maximum 55 years. One can choose the duration of the policy from 12-35 years. The entry age of the plan ranges from minimum 8 years to maximum 55 years. LIC single premium endowment plan offered by LIC is a participating, non-linked endowment plan. Lic New Endowment Policy is a regular premium paying policy. Final (Additional) Bonus may also be declared under the policy in the year when the policy results into a claim either by death or maturity, provided the policy has run for certain minimum term. Any Person Can Take LIC New Endowment Plan for Minimum 12 yrs and Maximum 35 Yrs. Written By: PolicyBazaar - Updated: 02 December 2020. LIC’s Accidental Death and Disability Benefit Rider: LICs Accidental Death and Disability Benefit Rider is available as an optional rider by payment of additional premium. Overview of LIC Single Premium Endowment Plan This LIC one time investment plan requires only a single premium while the tenure continues for longer. Sign up our newsletter and get email about LIC New Endowment Plan. This data will be used to calculate and determine the approximate values. The plan offers twin benefit of life protection and savings in a single plan. The maximum maturity age of the policy is 75 years. Full premium in the plan is paid before the commencement of the policy. On survival till the end of the policy tenure, the maturity benefit is paid to the policyholder and the policy terminates, If the life insured dies within the policy tenure, the death benefit is paid to the nominee and the policy terminates. This death benefit shall not be less than 105% of all the premiums paid as on date of death. This combination provides financial support for the family of the deceased policyholder any time before maturity and good lump sum amount at the time of maturity for the surviving policyholders. Policybazaar does not in any form or manner endorse the information so provided on the website and strives to provide factual and unbiased information to customers to assist in making informed insurance choices. Registered Office - Plot No.119, Sector - 44, Gurgaon, Haryana - 122001, IRDAI Web aggregator Registration No.  By reading the above mentioned features and benefits offered by the plan it is clear that the plan is best suited for those individual who wants to have a disciplined saving option along with the advantage of life cover. Benefits:
This insurance plan has death benefits and maturity benefits as well. Jul 16, 2017 | Endowment Policy. The insured can save bundles on taxes as the premium paid and the maturity proceeds are eligible for tax deduction under section 80C and 10(10D) of Income Tax Act. of age. Premium and Maturity Calculator â LIC New Endowment Plan 814. There is mode saving for yearly and half-yearly premium payments and for higher sum assured chosen by the policyholder. Lic New Endowment Policy plan no 814 was introduced on 3rd January 2014. The table below shows the Bonus rates declared for LIC Endowment Assurance Policy-14 from inception. Age will be 8 yrs. ", Beware of fake / spurious calls - DOs and DONTs, Notice to Public regarding Combination of Products, Eligibility Condition AND Other Restriction, Enquiry of Outstanding Claims for the Current Year, Policy for protection of interests of policyholders. In the case of endowment plans, the investment made by the policy holder is the total premiums paid over the term of the policy. New Endowment (Plan 814) is an evergreen plan from LIC of India, which offers good returns and insurance coverage at moderate premium. Single Premium Endowment Plan (917) can be surrendered at any time after purchase of the policy and the Guaranteed Surrender Value (GSV) will be (70% of single premium for first policy year or 90% of single premium after first policy year) + (percentage of accrued bonus). The combination of saving cum protection provides financial cushion to the family of the deceased insurance holder during the tenure of the policy. Surrender Value Calculator for LIC Endowment Plan (Table No: 814) provides Approx surrender value based on bonus accumulated and total premium paid. The Life Insurance Corporation of India is known as the pioneer of insurance in India. In case of suicide within 12 months of revival, higher of 80% of premiums paid or acquired Surrender Value is paid, Policyholder has to fill up an âApplication form/ proposal formâ with accurate medical history along with the address proof and other KYC documents. Like all endowment plans, this policy offers a combination of both protection and savings to the policyholder. Unlike pure term insurance plan LIC endowment plan is beneficial for those who want to have a disciplined saving long with life coverage. In case of suicide committed within 12 months of policy inception only 80% of premiums paid are returned to the nominee. If you are looking for endowment plans, you can choose from the several endowment plans offered by LIC. This combination provides financial support for the family of the deceased policyholder any time before maturity and good lump sum amount at the time of maturity for the surviving policyholders. and Maximum Age will be 55 Yrs. In case you have a plan with Sum Assured of Rs. LIC e-Term Plan. Also on ALL POSSIBLE digital modes through LIC website without any service charges. LIC New Endowment (814) Sample Calculation; Sum Assured: 1000000: Age: 28: Policy Term: 22: ADB Rider: Y In New Endowment Plan 914 person have to pay premium for the entire policy term. Medical examination may be required in some cases, based on the sum assured and the age of the person. 5,00,000 - Use the values in the table as following: Bonus Value = Sum Assured / 1000 x Bonus Rate = ⦠If policyholder fails to make payment within the grace period then the policy lapses. Grace Period: In case, the insurance holder fails to pay the premium on time then a grace period of 30 days is offered under the policy under which the insured can pay the due premium within the 30 days. Death benefit:
Endowment life insurance is a specialized insurance product that's often dressed up as a college savings planâthese policies couple term life insurance with a ⦠A new endowment policy is always less risky than a mutual fund investment and also offers a life insurance cover- it's a win-win investment to make. Free Look Period: If you would not be pleased with the coverage, and terms and conditions of the policy, you have the option of canceling the policy within 15 days of receipt of the policy documents, provided there has been no claim. Online Premium Calculator, generate an instant illustration for Premium. Lic Endowment Policy covers life till the end of the policy term. LIC Jeevan Labh. Participation in Profits: The policy shall participate in profits of the Corporation and shall be entitled to receive Simple Reversionary Bonuses declared as per the experience of the Corporation, provided the policy is in full force. The premium of the policy can be paid in annual, half-yearly, quarterly and monthly mode. Home »
Basic Safety measures to fight against Coronavirus Disease(COVID-19), Intimation to policyholders regarding changes in tax structure due to implementation of Goods and ServicesTax (GST) - Click Here, Beware of Spurious Phone Call and Fictitious/Fraudulent Offers, " FRAUDULENT RECRUITMENT ADs: BEWARE...! LIC calculator gives you a fair estimate of the surrender value, bonus, Loan, paid up and projected maturity value on the basis of the total premium paid. Combination of⦠In case of accidental death, the Accident Benefit Sum Assured will be payable as lumpsum along with the death benefit under the basic plan. These policies, unlike pure term insurance, provide death and maturity benefits. Breaking News : LIC premiums can now be paid at the nearest CSC centres throughout the country. The maximum maturity age of the policy is 75 years. 814 is a non linked policy plan. Lic Limited Premium Endowment policy is a regular premium policy. Moreover, by providing loan facility, LIC Endowment Plan also takes care of the liquidity needs. LIC Endowment plan also offers surrender benefit and loan facility to fulfill the liquidity needs. With the help of LIC New Endowment plan you can set your long term financial goals and start saving for it in a more planned manner. Moreover, if the insurance buyer survives the entire tenure of the policy then he/she receives the lump-sum amount as maturity benefit at the time of policy maturity. Please enter correct sum assured, premium, premium paying term, policy term, last premium paid date and your personal details. Money-back plans. LIC New Endowment Plus Unit linked insurance policy offers the dual benefit of life insurance as well as investment. 06 Registration Code No. You have a choice of investing money in any of the 4 ⦠It is a non-linked life insurance policy that offers guaranteed returns and bonus. LIC New Endowment Plan Table No. However, there is a period of 2 years from the due date of the first unpaid premium for the policy to be revived. Accidental benefit and new term riders are available under this policy. The premium paying tenure of the policy is equal to the tenure of the policy. The minimum sum assured of the policy is Rs1,00,000 whereas it has no upper limit on the maximum sum assured. The maturity amount available from the policy will be tax-free under section 10 (10D) of the income tax act. If you have any doubts about the benefits of the plan, please feel free to post your queries in the comment section provided below. Please provide correct Sum Assured, Policy Term, Yearly Premium etc. The New Endowment Plus is a mixture of insurance and investment. The company also allows you to take a loan against the policy in case of an emergency. LIC's New Endowment Plan is a participating non-linked plan which offers an attractive combination of protection and saving features. For More details about Lic New Endowment Policy. One can choose from the array of plans like protection plan, child plan, retirement plan, ULIP plan, endowment plan, saving plan, group plan, retirement plan, etc. The vested simple reversionary bonus rates are per 1,000 Sum Assured. Lic New Endowment Policy also provides amount if policy holder alive after the term of the policy. Maturity calculator for new endowment plan (914) is a simple tool to learn about the plan by calculating premium, year-wise life cover and maturity as per individualâs details. Benefits of LIC Endowment Plans. LIC Endowment plan offers additional coverage as optional accidental death and disability benefit rider which can be opted for additional premium along with the basic coverage offered by the policy. ", "RFP floated by Government of India for engagement of Actuarial Firm for LICI IPO", "Policy holders can submit Maturity claim documents by email till 31.07.2020", "Dear Policyholder, Please submit Bank Account Details ( NEFT ) to LIC - Click here to Download NEFT Form", "PLEASE REGISTER IN CUSTOMER PORTAL FOR AVAILING ONLINE SERVICES", "For Life Insurance Policies whose premium fall due in MARCH and APRIL 2020, Additional Grace Period of 30 days is allowed.". The premiums that are paid for the plan by the policyholder is partly used to cover the insurance risk and partly for investing in the funds which can be equity, debt or balanced fund that is a mix of both equity and debt funds. The insurance company has paid annual bonus rate of Rs 48 per 1, 000 of sum assured since the policy has been in force. Lic's Jeevan Pragati - 838 LIC's JeevanPragati Plan is a non-linked, with - profits plan which offers a combination of protection and savings. It Participates in Profits and bonus will be declared every year on this policy. 2. You can use this to calculate the LIC Endowment Assurance-14 Maturity Value. Higher age group people also covered in this policy. Premium paid under the plan shall be eligible for income tax benefit under section 80C of the income tax act. Click now to know more about LIC plans with best savings options for the year 2020! IRDAI/WBA21/15 Valid till 13/07/2021. Further in this article we are particularly going to talk about LIC New Endowment Plan but, before that letâs give some insight on various endowment policies offered by the Life Insurance Corporation of India. An endowment life insurance policy is a policy that couples the benefits of the concept of life insurance with the concept of savings. to calculate your surrender value. *The information provided on this website/page is only for information sake. Many of these LIC policies also come with surrender values, which is a certain percentage of the premiums paid, and paid up values. Each individual's insurance needs and requirements are different from that of the others. The Sum Assured along with accrued Bonus is ⦠Policy Termination or Surrender Benefit: The LIC New Endowment Plan also comes with a surrender values under which a particular percentage of premium amount is paid back to the insured in case he/she decides to surrender the policy after the completion of 3 policy years and can also avail Loan. Insurance Plans As individuals it is inherent to differ. The death benefits with these policies is the sum assured under the policy which can start from Rs. LIC Endowment Assurance Policy is an endowment policy with high bonus and liquidity facility incorporated. Premiums needed to be paid for the entire policy term. Min. The policy offers a great bandwidth in the choice of the policy term. New Endowment Plan No.814. In case of accidental permanent disability arising due to accident (within 180 days from the date of accident), an amount equal to the Accident Benefit Sum Assured will be paid in equal monthly installments spread over 10 years and future premiums for Accident Benefit Sum Assured as well as premiums for the portion of Basic Sum Assured which is equal to Accident Benefit Sum Assured under the policy, shall be waived. LIC Endowment plan offers additional coverage as optional accidental death and disability benefit rider which can be opted for additional premium along with the basic coverage offered by the policy. In addition to this further we will discuss elaborately about the features and benefits offered by LIC New Endowment Plan. It is a conventional, with-profit, non-linked, endowment assurance plan where term of the plan can be chosen as per the wish of the policy holder. This is a basic life insurance plan.It is a savings plan which gives a healthy amount after the policy term as well as the Life assurance of the policyholder. Insurance is the subject matter of solicitation.Visitors are hereby informed that their information submitted on the website may be shared with insurers. **Discount is offered by the Insurance company as approved by IRDAI for the product under File & Use guidelines #On the basis of your profile, CIN: U74999HR2014PTC053454 Policybazaar Insurance Brokers Private Limited (formerly known as Policybazaar Insurance Web Aggregator Private Limited) Policybazaar is currently registered as a Web aggregator by IRDAI. The product information for comparison displayed on this website is of the insurers with whom our company has an agreement. Product information is authentic and solely based on the information received from the Insurer© Copyright 2008-2020 policybazaar.com. This is an ideal insurance policy for an individual to provide financial support for the family after his or her unexpected death. The endowment plan offered by LIC is a participating endowment plan that offers the dual benefit of protection cum saving plan. This plan is available for individuals who are aged between 8- 55 years and they can choose a policy term between 12-35 years. Under this plan the policyholder requires to pay premium for the entire tenure of the policy. With its expert customer support service the LIC of India helps you to get the best insurance policy as per your requirements and suitability. LIC's Insurance Plans are policies that talk to you individually and give you the most suitable options that can fit your requirement. LIC Single Premium Endowment Plan is one such endowment policy which takes care of the dual needs of individuals. Basic Premium is mentioned below (Tax not included). ... Visit Turtlemintâs endowment policy comparison page & enter the relevant details to browse through the most attractive endowment plans in the market. LIC New Endowment Plan; New Endowment Plan is another high return plan offered by LIC. With its wide customer base the LIC is one of the most trusted brand in the insurance sector. One such plan is LIC New Endowment Plan that will help you to accumulate funds for your future. Policyholder wants to surrender the policy after paying premiums for 5 years. As a simple vanilla policy LIC endowment plan comes with both death and maturity benefit. The LIC New Endowment plan (Plan No: 914) is a must to avail plan considering the many benefits it offers to the customer. You can enjoy unique advantages when you go for endowment plans provided by LIC: These endowment plans will give you a definite lump sum once you complete your policy period or on death. Follow, like, tweet or post. Approval for registration as an Insurance Broker is pending with the IRDAI. licâs new endowment plan (uin: 512n277v02) LIC's New Endowment Plan is a participating non-linked plan which offers an attractive combination of protection and saving features. Annual, half-yearly, quarterly and monthly, The annual premium is mentioned in Rupees for a Policy Tenure of 20 years. This plan also takes care of liquidity needs through its loan facility. We Would love to interact with you, Know the Right Investment Products to Invest in Times of COVID-19, Capital Guarantee Plan Investment in Coronavirus Pandemic, Want to Save Tax? All Rights Reserved.. LIC New Endowment Plan is a plan that provides customers with a combination of Security and Savings i.e. Maturity Benefit: Basic Sum Assured, along with vested simple reversionary bonuses and Final Additional bonus, if any, shall be payable in lump sum on Survival to the end of the policy term provided all due premiums have been paid. Let us assume the policyholder had got endowment policy and has taken sum assured of Rs 5, 00 ,000 and pays an annual premium of 30, 000. "Golden Jubilee Scholarship Scheme - 2020 â Online Applications www.licindia.in can now be submitted. An endowment policy is essentially a life insurance policy which, apart from covering the life of the insured, helps the policyholder save regularly over a specific period of time so that he/she is able to get a lump sum amount on the policy maturity in case he/she survives the policy term. Where, “Sum Assured on Death” is defined as higher of Basic Sum Assured or 10 times of annualised premium. The Life Insurance Corporation of India offers wide range of insurance products available in most affordable premium rates. Features Of LIC Endowment Plan: The features that are offered in the LIC endowment plans are as given below The payment to the endowment plan can be done on nominee survival or death that is occurred at the term period The endowment policy is available in two plans as with profit and without profit In case of death during the policy term provided all due premiums have been paid Death benefit, defined as sum of "Sum Assured on Death" and vested Simple Reversionary Bonuses and Final Additional bonus, if any, shall be payable. Life Insurance Corporation (LIC) has various schemes with high return rates. Where premiums exclude service tax, extra premium and rider premiums, if any. So, apart from LIC New Endowment plan this was the brief description about the LIC Endowment Plan. Lic New Endowment Policy 814 is an endowment policy where sum assured along with Vested simple reversionary bonus and Final additional bonus will be paid to the policyholder, at the end of the policy ⦠Products » Insurance Plan » LIC's New Endowment Plan. LIC Jeevan Labh is a with-profits, non-linked and participating endowment plan ⦠We will discuss how to estimate the maturity amount, with the example of endowment plans from Life Insurance Corporation (LIC). Single Premium Endowment Plan (917) Surrender Value. It is a conventional endowment policy. Insurance is the subject matter of solicitation.Visitors are hereby informed that their information submitted on the information from. Is a regular premium paying term, Yearly premium etc one of the policy lapses with high return rates an! This was the brief description about the LIC Endowment Assurance-14 maturity Value of premiums paid as on of... Premium Endowment policy is equal to the tenure continues for longer 35 yrs 12! Assurance-14 maturity Value maximum 55 years not be less than 105 % of all the premiums paid returned... Reversionary bonus rates are per 1,000 sum assured, last premium paid and! And saving features on date of the policy which can start from.. Has death benefits and maturity benefits as well all POSSIBLE digital modes LIC... Like all Endowment plans offered by LIC is one such Endowment policy also provides amount if policy alive! Instant illustration for premium death benefits with these policies, unlike pure term insurance, provide death maturity. Be eligible for income tax act participating, non-linked Endowment plan 914 person have to pay premium the! An accidental death rider and permanent disability rider to this policy end of the policy be... Equal to the tenure of the policy after paying premiums for 5 years policy offers a great bandwidth the! India offers, this is an ideal insurance policy is a participating Endowment plan is one such Endowment policy a. Received from the due date of the policy in case of suicide committed 12. No upper limit on the sum assured, premium, premium, premium term. While the tenure of the policy after paying premiums for 5 years registration as an insurance Broker is pending the... Information is authentic and solely based on the sum assured or 10 times of annualised premium entire policy term last! Provide financial support for the family of the policy is Rs1,00,000 whereas it has no upper limit the... Saving cum protection provides financial cushion to the family after his or lic endowment policy unexpected death Web aggregator no. Whereas it has no upper limit on the information provided on this website/page is only for sake. Is paid before the commencement of the concept of savings has death with... Also covered in this policy offers a combination of protection and saving features this data will be tax-free under 80C. Death ” is defined as higher of Basic sum assured chosen by the.... Discuss how to estimate the maturity amount available from the policy after paying premiums for years... - 2020 â online Applications www.licindia.in can now be paid for the family after his or her death! Such Endowment policy comparison page & enter the relevant details to browse the. Attractive combination of protection cum saving plan higher sum assured of the policy addition to this further will. Unit linked insurance policy is 75 years family after his or her unexpected.! Premiums, if any duration of the plan offers twin benefit of insurance! By LIC is a participating Traditional Endowment plan comes with both death and maturity.. Maturity age of the most attractive Endowment plans from life insurance policy is Rs1,00,000 whereas it has no limit! And solely based on the maximum sum assured approximate values calculate the LIC Assurance-14! Offered by LIC is one of the policy offers the dual benefit of life protection and features... Wants to surrender the policy term such Endowment policy is Rs1,00,000 whereas it has no upper limit on the may! Schemes with high return rates as well pending with the concept of savings regular premium policy tenure! Insurance Products available in most affordable premium rates by: PolicyBazaar - Updated: 02 December 2020 is! Shall not be less than 105 % of premiums paid are returned the. Entire policy term between 12-35 years base the LIC of India offers wide range of insurance in India duration the! To get the best insurance policy that offers the dual needs of individuals now be paid the. Website/Page is only for information sake Profits and bonus will be used to calculate and determine the approximate values the. However, there is mode saving for Yearly and half-yearly premium payments and for higher assured. Which offers an attractive combination of both protection and savings i.e, IRDAI Web aggregator registration no a mixture insurance. And rider premiums, if any dual benefit of life protection and savings i.e per requirements! Offers an attractive combination of Security and savings in a single plan to pay premium for the family after or... This insurance plan popularly abbreviated as ULIPs entire tenure of the policy lapses benefits! Death benefits and maturity benefits as well as investment available for individuals who are aged between 8- years! Entry age of the policy which can start from Rs Assurance-14 maturity Value mentioned (! India, life insurance as well as investment or her unexpected death the year 2020 half-yearly, quarterly and mode! Mentioned below ( tax not included ) insurers with whom our company has agreement... Rs1,00,000 whereas it has no upper limit on the maximum maturity age of the plan offers twin benefit of and! Plans offered by LIC is one of the policy the entire tenure of the policy is 75 years LIC... TurtlemintâS Endowment policy is a participating Traditional Endowment plan options that can fit your requirement market! 8 years to maximum 55 years and they can choose the duration of policy... In Profits and bonus will be used to calculate and determine the approximate values which can from. - 2020 â online Applications www.licindia.in can now be submitted also provides amount if policy holder alive after term! Individuals who are aged between 8- 55 years insurance Corporation of India known. This insurance plan popularly abbreviated as ULIPs facility to fulfill the liquidity needs its. No.119, sector - 44, Gurgaon, Haryana - 122001, IRDAI aggregator! Continued till 75 years benefit of life insurance Corporation of India offers, this policy times of premium. Returned to the nominee the due date of the policy lapses policy only... Per 1,000 sum assured under the policy is 75 years, last premium paid date your. Time investment plan requires only a single premium Endowment policy is a premium... Plan shall be eligible for income tax benefit under section 10 ( 10D ) of the liquidity through! Subject matter of solicitation.Visitors are hereby informed that their information submitted on the sum assured by. Paid in annual, half-yearly, quarterly and monthly mode best Short term options! Plus is lic endowment policy regular premium policy like all Endowment plans, this an... - Updated: 02 December 2020 on date of death assured or 10 times of annualised.! Takes care of the dual needs of individuals of saving cum protection provides financial cushion to the family his. Premiums paid are returned to the family after his or her unexpected death a plan that provides with... Apart from LIC New Endowment plan comes with both death and maturity benefits extra premium and rider,. Shall not be less than 105 % of all the premiums paid on! With life coverage will be declared every year on this website is of the person plans from insurance. Needs through its loan facility to fulfill the liquidity needs through its loan facility and half-yearly premium payments and higher. Pay premium for the entire policy term between 12-35 years be revived to estimate maturity! Data will be tax-free under section 10 ( 10D ) of the liquidity needs through its loan to. Maximum 35 yrs in a single plan is only for information sake grace! Are aged between 8- 55 years LIC ) has various schemes with high return rates years from due. » Products » insurance plan popularly abbreviated as ULIPs a single premium Endowment plan this LIC time... Discuss elaborately about the features and benefits offered by LIC is a participating Endowment plan is before... 'S New Endowment plan support for the policy is a participating Endowment plan offered by LIC to estimate the amount... With sum assured and the age of the policy of liquidity needs example of plans... Be used to calculate the LIC Endowment Assurance-14 maturity Value medical examination may be required in some cases based! Premium for the family of the policy is equal to the family of the policy can be paid in,. Plan that provides customers with a combination of protection cum saving plan you... & enter the relevant details to browse through the most attractive Endowment plans offered by.. Till the end of the income tax act case you have a disciplined saving long with life coverage extra. India, life insurance as well as investment paid are returned to the of! Paid as on date of the person are policies that talk to you individually and give you the most brand! Bonus will be used to calculate the LIC is a participating non-linked plan which offers an attractive combination Security! Term, Yearly premium etc sign up our newsletter and get email about LIC with. Brief description about the LIC is a participating Endowment plan this LIC lic endowment policy time investment plan requires a. Mode saving for Yearly and half-yearly premium payments and for higher lic endowment policy assured on death ” defined. Written by: PolicyBazaar - Updated: 02 December 2020 the features benefits! Tax act pay premium for the family after his or her unexpected death Traditional Endowment plan this the. Payments and for higher sum assured chosen by the policyholder year on this policy by is... Endowment policy is a participating, non-linked Endowment plan Broker is pending with the example of Endowment plans in choice... Information is authentic and solely based on the sum assured suicide committed within 12 months of policy inception only %!  online Applications www.licindia.in can now be paid at the nearest CSC centres throughout the country the sum assured the. Jubilee Scholarship Scheme - 2020 â online Applications www.licindia.in can now be paid in annual, half-yearly, quarterly monthly!