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About Amulya Jeevan 2 Plan

LIC’s Amulya Jeevan II Plan is a pure expression defense program which provides financial security to the household of the policyholder in case of his unlucky departure. This strategy does not supply any maturity or survival advantage at any time during the coverage tenure or following the culmination of this coverage because it’s intended to give life cover just i.e. the plan simply supplies death cover or death benefits.

In case the policyholder meets with departure at any moment during which the coverage is in force then LIC provides the Sum Assured on passing amount into the nominee(s) of this policyholders.The Amulya Jeevan II pure term program is a non-participating and non-linked strategy i.e. the coverage doesn’t take part in the gains of LIC and isn’t connected with components of any monetary dimensions.

It’s a pure life cover program for those applicants that wish to guarantee the future of the loved ones members and dependents in their absence because of unfortunate departure.The Amulya Jeevan II program is an offline plan that readers will need to purchase via any of the outlets or agents.

Eligibility Conditions

Minimum age at entry 18 Year (Completed)
Maximum age at entry 60 years (nearer birthday)
Maximum age at maturity 70 years
Policy term 5 to 25 years
Mode of payment of premiums - Yearly, Half-yearly and Single Premium
Minimum Sum Assured - Rs.25,00,000/-
Maximum Sum Assured - No upper limit
(Sum Assured shall be in multiples of Rs.1,00,000/-)

Benefits of Amulya Jeevan II Plan

DEATH BENEFIT: In case of unfortunate death of the Life Assured during the term of the policy, Sum Assured is payable, provided the policy is kept in force.

PAID UP VALUE: The policy will not acquire any paid-up value.

SURRENDER VALUE : No Surrender Value will be available under this plan.

Cooling Off Period

If the Policyholder is not satisfied with the “Terms and Conditions” of the policy, the policy may be returned to the Corporation within 15 days from the date of receipt of the policy stating the reason of objections. On receipt of the same the Corporation shall cancel the policy and return the amount of premium deposited after deducting the proportionate risk premium for the period on cover, stamp duty charges, expenses for medical examination and special reports, if any.

Documents required

The essential documents required for Amulya Jeevan II Plan are proof of your age, address, identity, address, health and income proofs:

  • Aadhaar Card
  • PAN Card
  • Passport
  • Voter Card
  • Ration Card
  • Certificate of Birth
  • Matriculation Certificate
  • Income Documents
  • Electricity & Gas Bills
  • Bank Statement
  • Blood and urine test reports
  • Photographs
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