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Aradhana

aradhanaAs husband and wife, your journey through life gets much better with time when you invest in on Aradhana Joint Life Plan from LIC Lanka.

ELIGIBILITY

                      • Husband & Wife Between Age 25 To 50
                      • YearsMinimum Sum Assured is 200,000 /-

UNIQUE FEATURES OF ARADHANA MATURITY BENEFIT

If either of the two life Assured survive till the end of the endowment term OR if boil, lives survive till the end of the endowment term, then Basic Sum Assured plus vested bonuses shall be payable.

WAIVER OF PREMIUMS

After the first death, future premiums are waived and the policy is treated similar to a fully paid-up endowment assurance policy on the second life.

PARTICIPATION IN PROFITS

The policy shall be with profits throughout the endowment tern, or up to the happening of second death - whichever is earlier. The policy shall participate in profits even after one sum assured has been paid on first death and premiums hove been waived,

DEATH BENEFITS

DEATH BENEFIT ON FIRST DEATH

Basic Sum Assured shall be payable on first death during the endowment term. Future premiums are waived; the policy contract does not terminate and is deemed to be fully paid-up and n force. Cover continues on the second life and the policy holder continues to participate in future profits.

DEATH BENEFIT ON SECOND DEATH

If the second life assured also dies during the endowment term, then Basic Sum Assured plus vested bonuses shall be payable to the nominee / heirs,

DEATH BENEFITS ON SIMULTANEOUS DEATHS

If both the lives assured simultaneously die, then the amount equal to twice the Basic Sum Assured plus-vested bonuses becomes payable.

OPTIONAL ACCIDENT BENEFIT

Accident benefit equal to the Basic Sum Assured would be available under the plan

POLICY LOANS

Either of the life assured can raise loans under the above plan subject to usual terms and conditions.

Put on end to your future financial worries and enjoy the life with your partner like you ought to. Aradhana. Assuredly, happy days ore ahead.