LIC's Bima Kavach (Plan 887)

LIC's Bima Kavach (Plan 887) is a non-linked, non-participating pure term insurance plan that provides guaranteed financial protection to your family through a high life cover at affordable premiums.

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High Life Cover

Financial protection with a minimum cover of โ‚น2 Crore.

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Increasing Cover

Choose between Level or Increasing Sum Assured.

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Flexible Premium

Single, Limited and Regular premium options.

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Tax Benefits

Tax benefits under applicable Income Tax laws.

Key Features

  • Pure Term Insurance Plan.
  • Non-Linked & Non-Participating.
  • Minimum Sum Assured โ‚น2 Crore.
  • Level & Increasing Death Benefit Options.
  • Single, Limited & Regular Premium Payment.
  • Optional Accident Benefit Rider.

Eligibility

Entry Age 18 to 65 Years
Maximum Maturity Age 100 Years
Policy Term 10 to 82 Years
Minimum Sum Assured โ‚น2,00,00,000

Benefits

Death Benefit

Guaranteed financial protection to the nominee in case of the life assured's death during the policy term.

Maturity Benefit

Since this is a pure term insurance plan, no maturity benefit is payable on survival till the end of the policy term.

Calculate Your Premium

Estimate your premium and choose the ideal life cover for your family.

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Frequently Asked Questions

It is a pure term insurance plan that provides high life cover with guaranteed death benefits.

No. Being a pure term insurance plan, there is no maturity benefit if the life assured survives the policy term.