Swarna

LIC Swarna is an endowment policy that increase your life risk not withstanding the high risk of life as you go through life's journey. It is ideal for all social group who wish to protect their families from a financial setback that may occur in the event of any eventualities. Eligibility: Male or female between the ages of 18 years to 50 years. Minimum sum assured is 100,000 and thereafter in multiples of Rs. 10,000 Policy term will be 10, 15 or 20 years

BENEFITS

Survival benefit:

Sum assured along with the guaranteed addition of 5% compounded per five years is payable at the end of the policy term that is 20 years.

Death benefit:

If death of policy holder occurs in policy term then full sum assured plus guaranteed additions up to that policy duration are payable.

Accident benefit:

Accident benefit is will be available as rider benefit at the rates currently available with LIC Lanka.

Loans:

Loans will be granted with in the surrender value of the policy after payment of premium for at least two years. Interest on such loan will be decided by LIC from time to time.