LIC Jeevan Mitra Triple Cover Plan

Death benefit refers to the guaranteed amount of money payable to the nominee in case of your untimely demise before the completion of the policy term. The death benefit, in this plan, is 3 times the basic sum assured. Moreover, simple reversionary bonuses are also paid out along with the death benefit.

If you survive the policy term, you will receive the basic sum assured as the death benefit. Vested simple reversionary bonus and final additional bonuses (if any) will also be paid out along with the maturity benefit. 

As it is a participating plan, Jeevan Mitra Triple Cover offers additional accrued bonuses along with the death benefit as well as the maturity benefit.

The policy offers additional rider options to strengthen your protection. The riders include accidental death benefit riders and critical illness riders. You can buy these riders, at any time during the policy tenure, by paying an additional premium. The cover provided by the riders is available only as long as the policy is in force. 

- Section 10(10D) and section 80C of the Income Tax Act offer income tax benefits on the claims received and on the premiums paid respectively.

Rebates are offered based on the premium paying mode and on the amount of sum assured chosen.

Documents Required

• Application form with your recent photo
• Age Proof
• Address Proof
• Medical Reports (if any)

Policy Exclusions Over to You!

LIC policies by visiting the LIC homepage or you can opt for any other policy that offers similar benefits. Please Note: This LIC policy has been withdrawn. It is no longer available for Sale. For more updated information, please visit the official website of LIC India.

LIC Resources