• 9810733616
  • pradeepbhatia.life@gmail.com
  • LIC’s Dhan Varsha is a Non-Linked, Non-Participating, Individual, Savings, Life Insurance plan which offers a combination of protection and savings. This plan provides financial support for the family in case of unfortunate death of the life assured during the policy term.
    It also provides Guaranteed Lumpsum amount on the date of maturity for the surviving life assured.

    A Single Premium Plan

    Guaranteed Additions Every Year

    Option to choose Policy Term and Sum Assured


    Avail Tax Benefit under Section 80C
    Loan Facility is available after 3 months

    Eligibility Criteria

    Age At Entry8 yrs Completed for Policy Term 10yrsFor Policy Term 10 Yrs
    Option 1: 60Yrs Nearest Birthday
    Option 2: 40Yrs Nearest Birthday
    3 yrs Completed for Policy Term 15yrsFor Policy Term 15 Yrs
    35 Yrs Nearest Birthday
    Policy Term                                                                 10 & 15 Yrs
    Sum Assured1,25,000No Limit
    Basic Sum Assured shall be in multiple of Rs. 5000/-
    Mode of Payment                                                                     Single

    Riders Available
    • LIC's Accidental Death and Disability Benefit Rider
    • LIC's New Term Assurance Rider

    Tax Benefit
    You can avail Tax Benefits under Section 80C of the Income Tax Act 1961

    Loan Facility
    This facility is available under this plan during the policy term after 3 months from completion of the policy or after expiry of the free-look period whichever is later.

    Death Benefit
    It is payable on death of the Life Assured during the policy term after the date of commencement of risk but before the date of maturity, "Sum Assured on Death" along with accrued Guaranteed Additions.

    Options Available for Sum Assured on Death
    Option 1:  1.25 times of Premium for the chosen Basic Sum Assured
    Option 1:  10 times of Premium for the chosen Basic Sum Assured

    Maturity Benefit
    Basic Sum Assured along with accrued Guaranteed Additions shall be payable on maturity.

    Guaranteed Additions
    It shall accrue at the end of each policy year thoughout the policy term and shall depend on the Option chosen, Basic Sum Assured and the Policy Term.

    LIC Dhan Varsha is a close-ended plan which will be opened for subscription for a limited period. The scheme is available up to 31st March 2023.