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Key Features of Jeevan Labh plan.
1.Offers an option to choose a policy term of 16 years, 21 years or 25 years.
2.It is a non–linked limited premium paying term.
3.It is a plan designed for individuals.
4.Offers an option to choose the premium paying terms of 10 years, 15 years or 16 years.
5.Offers a premium payment frequency of either yearly, half-yearly, quarterly, monthly as well as salary savings scheme.
6.Offers a loan facility if the policy holder has paid the premiums for 3 years regularly and if the plan has reached a Surrender Value.
7.Offers a free look period of 15 days from the date of policy issuance.
8.Offers a revival period of 2 years. A policyholder can revive the policy from the date of the first unpaid premium by paying the arrears as well as the interest and other expenses.
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