LIC 2 Year Temporary Assurance Policy



  • The Two Year Temporary Assurance policy is designed for the insuring public who requires risk cover for a maximum of two years.
  • Under the Two Year Temporary Assurance policy a single premium is required to be paid at the outset of the policy to cover the entire period of term.
  • The proposer is required to pay the medical examination fee. The proof of age must also accompany the proposal.
  • The policy issued will be only under the ‘Without Profits’ plan.
  • The policy is not entitled to any surrender value.
  • No loan will be granted against the Two Year Temporary Assurance policy.

Suitable For
The Two Year Temporary Assurance policy caters to the individuals who specifically require insurance cover against risk for a short period of two years, for instance persons who are required to go on tours for instance for a year or so.

SURVIVAL BENEFIT
Not applicable



DEATH BENEFIT
Total sum assured.

Minimum
Maximum
Entry age
18
60
Sum assured (Rs.)
50,000
1,00,000
Term (years)
6,12,18,24 months
Not Applicable
Mode of Payment
Maximum premium paying period
Policy loan available
Single Premium
62 years
No

LIC 2 Year Temporary Assurance Policy
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