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Appendix LIFE INSURANCE CORPORATION OF INDIA PROPOSAL FOR LIC\'S NEW ENDOWMENT PLUS PLAN (IN: 512L301V01) IN THIS POLICY, THE INVESTMENT RISK IN INVESTMENT PORTFOLIO IS BORNE BY THE POLICYHOLDER Lies
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How to fill out lics new endowment plus

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How to fill out lics new endowment plus

01
To fill out LIC's New Endowment Plus plan, follow these steps:
02
Visit the LIC website or contact your nearest LIC branch to obtain the application form for New Endowment Plus.
03
Fill in the required personal details such as name, date of birth, address, contact information, etc.
04
Choose the sum assured amount and the policy term as per your preference.
05
Decide on the premium payment mode - monthly, quarterly, half-yearly, or yearly.
06
Fill in the nominee details who will receive the benefits in case of your demise.
07
Provide the necessary medical history and undergo medical tests if required.
08
Review the filled form, attach any supporting documents if needed, and sign it.
09
Arrange for the payment of the first premium according to the chosen payment mode.
10
Submit the completed form along with the payment receipt to the LIC branch or online through the LIC website.
11
Upon successful verification and acceptance, you will receive the policy document and unique policy number.
12
It is advisable to consult with an LIC agent or customer service representative for further clarification and guidance.

Who needs lics new endowment plus?

01
LIC's New Endowment Plus plan is suitable for individuals who:
02
- Seek life insurance coverage along with investment opportunities.
03
- Look for a comprehensive plan with the benefit of regular savings and protection.
04
- Want to secure their family's financial future in case of any unfortunate event.
05
- Are looking for tax benefits under section 80C and section 10(10D) of the Income Tax Act.
06
- Are willing to pay regular premiums for the chosen policy term.
07
It is recommended to thoroughly understand the features, terms, and conditions of the plan before making a decision.
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LIC's New Endowment Plus is a unit-linked, non-participating endowment plan offered by Life Insurance Corporation of India (LIC).
Anyone interested in investing in an endowment plan with market-linked returns can opt for LIC's New Endowment Plus.
To fill out LIC's New Endowment Plus, one would need to contact a LIC agent or visit the nearest LIC office to get detailed information and assistance in filling out the required forms.
The purpose of LIC's New Endowment Plus is to provide individuals with an opportunity to invest in a plan that offers both protection and savings, along with the potential for market-linked returns.
The information required to be reported on LIC's New Endowment Plus typically includes personal details of the policyholder, the chosen sum assured, premium payment details, nominee information, etc.
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