Need A Financial Product Forums Insurance Maturity benefits of LIC New Bima Gold policy?

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    Mukesh Maru
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    What are the maturity benefits of LIC New Bima Gold policy?

    #47547

    In LIC New Bima Gold policy on the maturity of the policy the policy holder will receive total of all the premium paid by the policy holder and if there is any loyalty which he received plus the survival benefits of new bima gold policy. In case the policy holder stop paying the premium after two policy years, still the policy cover will continue for next two years from the date of first unpaid premium under auto cover condition. There is an assured surrender value after three policy years. This assured surrender value is 30 percent of the total premium paid except the first year’s premium.

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