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LIC Jeevan Lakshya (table no 833) is a great combination of risk cover and saving plan which is most suitable for the purpose of providing financial problems of children and family.
This policy provides life cover during the policy term and Sum Assured + Bonuses on survival as maturity. In case of death of policyholder during the policy term, LIC Jeevan Lakshya policy provides 10% of sum assured till the year prior to maturity and again provides Sum Assured + Bonuses as maturity to the family.