{"id":17,"date":"2014-12-29T17:06:00","date_gmt":"2014-12-29T17:06:00","guid":{"rendered":"http:\/\/www.licpremiumcalculator.com\/blog\/?p=17"},"modified":"2014-12-29T17:15:58","modified_gmt":"2014-12-29T17:15:58","slug":"new-endowment-plan","status":"publish","type":"post","link":"https:\/\/www.licpremiumcalculator.com\/blog\/lic-crorepati-plan\/new-endowment-plan\/","title":{"rendered":"New Endowment Plan"},"content":{"rendered":"<div class=\"a42a82f27c963b58270c2c2b393c32a0\" data-index=\"1\" style=\"float: none; margin:0px 0 0px 0; text-align:center;\">\n<script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js\"><\/script>\r\n<!-- new display add-26-12-20 -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-0561958135453080\"\r\n     data-ad-slot=\"4130733380\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script>\n<\/div>\n<p>LIC&#8217;s New Endowment Plan is a participating non-linked plan which offers an attractive combination of protection and saving features. This combination provides financial support for the family of the deceased policyholder any time before maturity and good lump sum amount at the time of maturity for the surviving policyholders. This plan also takes care of liquidity needs through its loan facility.<\/p>\n<ul>\n<ul>\n<ol>\n<li><strong><em>Benefits:<\/em><\/strong><\/li>\n<\/ol>\n<\/ul>\n<\/ul>\n<p><strong>Death benefit<\/strong>:<br \/>\nIn case of death during the policy term provided all due premiums have been paid Death benefit, defined as sum of &#8220;<strong>Sum Assured on Death<\/strong>&#8221; and vested Simple Reversionary Bonuses and Final Additional bonus, if any, shall be payable. Where, \u201c<strong>Sum Assured on Death<\/strong>\u201d is defined as higher of Basic Sum Assured or 10 times of annualised premium. This death benefit shall not be less than 105% of all the premiums paid as on date of death.<\/p><div class=\"a42a82f27c963b58270c2c2b393c32a0\" data-index=\"1\" style=\"float: none; margin:0px 0 0px 0; text-align:center;\">\n<script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js\"><\/script>\r\n<!-- new display add-26-12-20 -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-0561958135453080\"\r\n     data-ad-slot=\"4130733380\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script>\n<\/div>\n\n<p>Where premiums exclude service tax, extra premium and rider premiums, if any.<\/p>\n<p><strong>Maturity Benefit:<\/strong> Basic Sum Assured, along with vested simple reversionary bonuses and Final Additional bonus, if any, shall be payable in lump sum on Survival to the end of the policy term provided all due premiums have been paid.<\/p>\n<p><strong>Participation in Profits<\/strong>: The policy shall participate in profits of the Corporation and shall be entitled to receive Simple Reversionary Bonuses declared as per the experience of the Corporation, provided the policy is in full force.<\/p>\n<p>Final (Additional) Bonus may also be declared under the policy in the year when the policy results into a claim either by death or maturity, provided the policy has run for certain minimum term.<\/p>\n\n<div style=\"font-size: 0px; height: 0px; line-height: 0px; margin: 0; padding: 0; clear: both;\"><\/div>","protected":false},"excerpt":{"rendered":"<p>LIC&#8217;s New Endowment Plan is a participating non-linked plan which offers an attractive combination of protection and saving features. This&#8230; <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-17","post","type-post","status-publish","format-standard","hentry","category-lic-crorepati-plan"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>New Endowment Plan - LIC Premium Calculator<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.licpremiumcalculator.com\/blog\/lic-crorepati-plan\/new-endowment-plan\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"New Endowment Plan - LIC Premium Calculator\" \/>\n<meta property=\"og:description\" content=\"LIC&#8217;s New Endowment Plan is a participating non-linked plan which offers an attractive combination of protection and saving features. This...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.licpremiumcalculator.com\/blog\/lic-crorepati-plan\/new-endowment-plan\/\" \/>\n<meta property=\"og:site_name\" content=\"LIC Premium Calculator\" \/>\n<meta property=\"article:published_time\" content=\"2014-12-29T17:06:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2014-12-29T17:15:58+00:00\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.licpremiumcalculator.com\/blog\/lic-crorepati-plan\/new-endowment-plan\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.licpremiumcalculator.com\/blog\/lic-crorepati-plan\/new-endowment-plan\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\/\/www.licpremiumcalculator.com\/blog\/#\/schema\/person\/efad612818fa9ca7599d5d74c7ee4a41\"},\"headline\":\"New Endowment Plan\",\"datePublished\":\"2014-12-29T17:06:00+00:00\",\"dateModified\":\"2014-12-29T17:15:58+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.licpremiumcalculator.com\/blog\/lic-crorepati-plan\/new-endowment-plan\/\"},\"wordCount\":264,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.licpremiumcalculator.com\/blog\/#\/schema\/person\/efad612818fa9ca7599d5d74c7ee4a41\"},\"articleSection\":[\"Endowment Plan\"],\"inLanguage\":\"en\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.licpremiumcalculator.com\/blog\/lic-crorepati-plan\/new-endowment-plan\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.licpremiumcalculator.com\/blog\/lic-crorepati-plan\/new-endowment-plan\/\",\"url\":\"https:\/\/www.licpremiumcalculator.com\/blog\/lic-crorepati-plan\/new-endowment-plan\/\",\"name\":\"New Endowment Plan - LIC Premium Calculator\",\"isPartOf\":{\"@id\":\"https:\/\/www.licpremiumcalculator.com\/blog\/#website\"},\"datePublished\":\"2014-12-29T17:06:00+00:00\",\"dateModified\":\"2014-12-29T17:15:58+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/www.licpremiumcalculator.com\/blog\/lic-crorepati-plan\/new-endowment-plan\/#breadcrumb\"},\"inLanguage\":\"en\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.licpremiumcalculator.com\/blog\/lic-crorepati-plan\/new-endowment-plan\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.licpremiumcalculator.com\/blog\/lic-crorepati-plan\/new-endowment-plan\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.licpremiumcalculator.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"New Endowment Plan\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.licpremiumcalculator.com\/blog\/#website\",\"url\":\"https:\/\/www.licpremiumcalculator.com\/blog\/\",\"name\":\"LIC Premium Calculator\",\"description\":\"LIC Premium Calculator\",\"publisher\":{\"@id\":\"https:\/\/www.licpremiumcalculator.com\/blog\/#\/schema\/person\/efad612818fa9ca7599d5d74c7ee4a41\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.licpremiumcalculator.com\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en\"},{\"@type\":[\"Person\",\"Organization\"],\"@id\":\"https:\/\/www.licpremiumcalculator.com\/blog\/#\/schema\/person\/efad612818fa9ca7599d5d74c7ee4a41\",\"name\":\"admin\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en\",\"@id\":\"https:\/\/www.licpremiumcalculator.com\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.licpremiumcalculator.com\/blog\/wp-content\/uploads\/2020\/12\/licpremiumcalculator.png\",\"contentUrl\":\"https:\/\/www.licpremiumcalculator.com\/blog\/wp-content\/uploads\/2020\/12\/licpremiumcalculator.png\",\"width\":122,\"height\":97,\"caption\":\"admin\"},\"logo\":{\"@id\":\"https:\/\/www.licpremiumcalculator.com\/blog\/#\/schema\/person\/image\/\"},\"url\":\"https:\/\/www.licpremiumcalculator.com\/blog\/author\/admin\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"New Endowment Plan - LIC Premium Calculator","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.licpremiumcalculator.com\/blog\/lic-crorepati-plan\/new-endowment-plan\/","og_locale":"en_US","og_type":"article","og_title":"New Endowment Plan - LIC Premium Calculator","og_description":"LIC&#8217;s New Endowment Plan is a participating non-linked plan which offers an attractive combination of protection and saving features. This...","og_url":"https:\/\/www.licpremiumcalculator.com\/blog\/lic-crorepati-plan\/new-endowment-plan\/","og_site_name":"LIC Premium Calculator","article_published_time":"2014-12-29T17:06:00+00:00","article_modified_time":"2014-12-29T17:15:58+00:00","author":"admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"admin","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.licpremiumcalculator.com\/blog\/lic-crorepati-plan\/new-endowment-plan\/#article","isPartOf":{"@id":"https:\/\/www.licpremiumcalculator.com\/blog\/lic-crorepati-plan\/new-endowment-plan\/"},"author":{"name":"admin","@id":"https:\/\/www.licpremiumcalculator.com\/blog\/#\/schema\/person\/efad612818fa9ca7599d5d74c7ee4a41"},"headline":"New Endowment Plan","datePublished":"2014-12-29T17:06:00+00:00","dateModified":"2014-12-29T17:15:58+00:00","mainEntityOfPage":{"@id":"https:\/\/www.licpremiumcalculator.com\/blog\/lic-crorepati-plan\/new-endowment-plan\/"},"wordCount":264,"commentCount":0,"publisher":{"@id":"https:\/\/www.licpremiumcalculator.com\/blog\/#\/schema\/person\/efad612818fa9ca7599d5d74c7ee4a41"},"articleSection":["Endowment Plan"],"inLanguage":"en","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.licpremiumcalculator.com\/blog\/lic-crorepati-plan\/new-endowment-plan\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.licpremiumcalculator.com\/blog\/lic-crorepati-plan\/new-endowment-plan\/","url":"https:\/\/www.licpremiumcalculator.com\/blog\/lic-crorepati-plan\/new-endowment-plan\/","name":"New Endowment Plan - LIC Premium Calculator","isPartOf":{"@id":"https:\/\/www.licpremiumcalculator.com\/blog\/#website"},"datePublished":"2014-12-29T17:06:00+00:00","dateModified":"2014-12-29T17:15:58+00:00","breadcrumb":{"@id":"https:\/\/www.licpremiumcalculator.com\/blog\/lic-crorepati-plan\/new-endowment-plan\/#breadcrumb"},"inLanguage":"en","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.licpremiumcalculator.com\/blog\/lic-crorepati-plan\/new-endowment-plan\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.licpremiumcalculator.com\/blog\/lic-crorepati-plan\/new-endowment-plan\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.licpremiumcalculator.com\/blog\/"},{"@type":"ListItem","position":2,"name":"New Endowment Plan"}]},{"@type":"WebSite","@id":"https:\/\/www.licpremiumcalculator.com\/blog\/#website","url":"https:\/\/www.licpremiumcalculator.com\/blog\/","name":"LIC Premium Calculator","description":"LIC Premium Calculator","publisher":{"@id":"https:\/\/www.licpremiumcalculator.com\/blog\/#\/schema\/person\/efad612818fa9ca7599d5d74c7ee4a41"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.licpremiumcalculator.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en"},{"@type":["Person","Organization"],"@id":"https:\/\/www.licpremiumcalculator.com\/blog\/#\/schema\/person\/efad612818fa9ca7599d5d74c7ee4a41","name":"admin","image":{"@type":"ImageObject","inLanguage":"en","@id":"https:\/\/www.licpremiumcalculator.com\/blog\/#\/schema\/person\/image\/","url":"https:\/\/www.licpremiumcalculator.com\/blog\/wp-content\/uploads\/2020\/12\/licpremiumcalculator.png","contentUrl":"https:\/\/www.licpremiumcalculator.com\/blog\/wp-content\/uploads\/2020\/12\/licpremiumcalculator.png","width":122,"height":97,"caption":"admin"},"logo":{"@id":"https:\/\/www.licpremiumcalculator.com\/blog\/#\/schema\/person\/image\/"},"url":"https:\/\/www.licpremiumcalculator.com\/blog\/author\/admin\/"}]}},"_links":{"self":[{"href":"https:\/\/www.licpremiumcalculator.com\/blog\/wp-json\/wp\/v2\/posts\/17","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.licpremiumcalculator.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.licpremiumcalculator.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.licpremiumcalculator.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.licpremiumcalculator.com\/blog\/wp-json\/wp\/v2\/comments?post=17"}],"version-history":[{"count":1,"href":"https:\/\/www.licpremiumcalculator.com\/blog\/wp-json\/wp\/v2\/posts\/17\/revisions"}],"predecessor-version":[{"id":18,"href":"https:\/\/www.licpremiumcalculator.com\/blog\/wp-json\/wp\/v2\/posts\/17\/revisions\/18"}],"wp:attachment":[{"href":"https:\/\/www.licpremiumcalculator.com\/blog\/wp-json\/wp\/v2\/media?parent=17"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.licpremiumcalculator.com\/blog\/wp-json\/wp\/v2\/categories?post=17"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.licpremiumcalculator.com\/blog\/wp-json\/wp\/v2\/tags?post=17"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}