Key Points
LIC Dhan Vriddhi plan provides financial support for the family in case of unfortunate death of the life assured during the policy term..
Under the LIC Dhan Vriddhi plan, the customers will have two options to choose where 'sum assured on death' can either be 1.25 times (option 1) or 10 times (option 2) the tabular premium for the chosen basic sum assured subject to certain eligibility conditions, LIC said.. LIC Dhan Vriddhi policy term..
On the death of the life assured, during the policy term after the date of commencement of risk but before the stipulated date of maturity the amount payable will be "sum assured on death" along with accrued guaranteed additions is payable, the insurer said...
It ranges from Rs 60 to Rs 75 under option 1 and Rs 25 to Rs 40 under option 2 per Rs 1,000 basic sum assured depending on the option chosen, the basic sum assured, and the policy term...
LIC Dhan Vriddhi plan can be purchased offline through the agent/other intermediaries including point of sales persons-life insurance (POSP-LI)/common public service centers (CPSC-SPV) as well as online directly through the website www.licindia.in. subject to terms and conditions...
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