LIC Aadhaar Stambh plan (Table 843) with profit is a non-linked regular premium paying endowment assurance plan. This Policy will be Loyalty Addition (LA) based plan exclusively designed for Male policy holders having Aadhaar Card (UIDAI). This plan will be available to standard healthy lives without any medical test requirement.
|Age at Entry||8 Years (Completed)|
|Maximum Age at Entry||55 (Nearest Birthday)
Calculate your Age
|Minimum Term||10 Years|
|Maximum Term||20 Years|
|Maximum Age at Maturity||70 Years (Nearest Birthday)|
|Sum Assured||Minimum 75,000 and Maximum 3,00,000|
|Premium Paying Mode||Yearly, Half Yearly, Quarterly & Monthly (SSS and NACH Only)|
|Premium Payment Mode rebate||2% on yearly, 1% on Half Yearly, Nil on Quarterly & Monthly|
Please Note: It understandable that Loyalty Addition is applicable after successful completion of 5 Policy years.
Policy holders above 18 years of age have option to opt for Accidental Benefit Rider with this plan, which will provide additional amount equal to basic sum assured in case of death caused due to accident.
Let's take an example of Aadhaar Stambh policy with following details
|Sum Assured (Rs.)||3,00,000|
|Yearly Premium (Rs.) (Without ST)||10,443|
So, as per above example, policy holder needs to pay the premium of Rs. 10,443 per year for 20 years and maturity will happen after completion of 20 years. The details of year-wise policy progress and maturity is exaplained below.
If Policy holder completes 20 years and pays all premium successfully, then Maturity will be as under.
|Maturity Year||Age at Maturity||Total Premium Paid||Maturity Amount (Approx.)|
|2037||48||2,08,860||3,00,000 + Loyalty Addition|
Death Claim Details
Following table provides policy year-wise and age-wise total premium paid and death claim details. In case of accidental death, additional amount equal to Sum Assured is also included in death claim amount.
How to Understand Following Table
Suppose if, unfortunate death of policy holder happens in year 2023 (at age 34), then by that time total premium paid will be Rs. 73,101 and nominee will get death claim as 3,00,000 + Loyalty Addition in case of normal death or Rs. 6,00,000 + Loyalty Addition as accidental death claim in case of death due to accident and policy will stop.
|Year||Age||Total Paid Premium||Normal Life Cover (Approx.)||Accidental Life Cover (Approx.)||Return|
|2022||33||62658||300000 + LA||600000 + LA||--|
|2023||34||73101||300000 + LA||600000 + LA||--|
|2024||35||83544||300000 + LA||600000 + LA||--|
|2025||36||93987||300000 + LA||600000 + LA||--|
|2026||37||104430||300000 + LA||600000 + LA||--|
|2027||38||114873||300000 + LA||600000 + LA||--|
|2028||39||125316||300000 + LA||600000 + LA||--|
|2029||40||135759||300000 + LA||600000 + LA||--|
|2030||41||146202||300000 + LA||600000 + LA||-|
|2031||42||156645||300000 + LA||600000 + LA||--|
|2032||43||167088||300000 + LA||600000 + LA||--|
|2033||44||177531||300000 + LA||600000 + LA||--|
|2034||45||187974||300000 + LA||600000 + LA||--|
|2035||46||198417||300000 + LA||600000 + LA||--|
|2036||47||208860||300000 + LA||600000 + LA||--|
|2037||48||Maturity||300000 + LA|
Above example has been prepared for illustration purpose only, for more details, please refer to LIC Website and in case of any query please write your comment below.
Wrote : 23-04-2017 19:50:04
is this plan in 15 yrs
Replied : 23-04-2017 19:56:50
Yes, one can choose term from 10-20 years but the maximum maturity age should be less than 70 years, for example a 55 old person cannot have term more than 15 years, because more than 15 years term will lead to maturity age more than 70 years which is not allowed.
Wrote : 21-04-2017 14:34:29
What is the yearly premium of sum assured of rupees 300000
Replied : 21-04-2017 23:54:36
Premium calculator for this plan will be available very soon.
Wrote : 25-04-2017 22:45:03
Respected "ARUNAVA MAITI" Please tell me what is your Date of Birth, gender and term, I will help u about premium...