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LIC Aadhaar Stambh Plan (843) Details

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.

Key Features

  • Male Only Plan
  • Low Premium Plan
  • Auto Cover Facility
  • Paid premiums are exempted from income tax under 80C
  • Maturity amount is tax free under 10 (10D)

Plan Parameters

GenderMale Only
Age at Entry8 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

Related Link: LIC Aadhaar Stambh Premium Calculator

Maturity benefit

  • On survival of year term, Maturity will be Basic Sum Assured + Loyalty Addition.

Death benefits

  • On death during First Five Years of the policy:
    • Death claim amount will be equal to Basic Sum Assured.
  • On death after 5 years of the policy and before maturity:
    • Death claim amount will be equal to Basic Sum Assured + Loyalty Addition(LA).

Please Note: It understandable that Loyalty Addition is applicable after successful completion of 5 Policy years.

Optional Accidental Benefit Rider

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.

LIC Aadhaar Stambh (843) with an Example

Let's take an example of Aadhaar Stambh policy with following details

Sum Assured (Rs.)3,00,000
Age (Years)28
Policy Term(Years)20
Purchase Year2017
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.

Maturity Details

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
2017 28 10443 300000 600000 --
2018 2920886300000 600000 --
2019 3031329300000 600000 --
2020 31 41772 300000 600000 --
2021 3252215300000 600000 --
2022 3362658 300000 + LA 600000 + LA --
2023 34 73101 300000 + LA 600000 + LA --
2024 3583544 300000 + LA 600000 + LA --
2025 3693987 300000 + LA 600000 + LA --
2026 37104430 300000 + LA 600000 + LA --
2027 38114873 300000 + LA 600000 + LA --
2028 39125316 300000 + LA 600000 + LA --
2029 40135759 300000 + LA 600000 + LA --
2030 41146202 300000 + LA 600000 + LA -
2031 42156645 300000 + LA 600000 + LA --
2032 43167088 300000 + LA 600000 + LA --
2033 44177531 300000 + LA 600000 + LA --
2034 45187974 300000 + LA 600000 + LA --
2035 46198417 300000 + LA 600000 + LA --
2036 47208860 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.

Comments & Reviews

Wrote : 15-08-2017 13:37:11

Is Disability Benefit rider available in this plan? Pls reply

Replied : 16-08-2017 22:04:35
No, disability benefit rider is not available with plan. Only accidental benefit rider is available.

Wrote : 16-08-2017 22:54:52

Thanks dear ... Doubt cleared

Write CommentReply

Wrote : 27-04-2017 10:41:23

Maturity Year Age at Maturity Total Premium Paid Maturity Amount (Approx.) 2037 48 2,08,860 3,00,00 + Loyalty Addition wrong details

Replied : 27-04-2017 15:52:16
Thanks for your support, typing error has been corrected.

Write CommentReply

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.

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Wrote : 23-04-2017 08:58:23

pl sent me yearwise & age wise premium data (monthaly mode or sss mode)

Replied : 23-04-2017 12:55:46
Please use Premium Calculator of Aadhaar Stambh to calculate premium for all possible combinations of Sum Assured, Age and Term.

Write CommentReply

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...

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