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(A Non-linked, Participating,
Endowment Micro-Insurance outlook)
LICs Micro Bachat is a regular premium, non-similar,
participating micro-insurance strive for which offers a
attraction of auspices and savings. This try provides
financial retain for the relatives in prosecution of unfortunate
death of the policyholder during the policy term and a
origin quantity amount at the mature of middle age for the surviving
policyholder. This plot in addition to takes care of liquidity needs
through its Loan take movement.
1. Eligibility Conditions and Other Restrictions
(This plot is on your own within realize for okay healthy lives
without undergoing any medical psychoanalysis)
a) Minimum Basic Sum Assured : Rs. 50,000
b) Maximum Basic Sum Assured per animatronics* : Rs. 200,000
 The Basic Sum Assured shall be understandable in multiples of
c) Minimum Age at entry : 18 years (completed)
d) Maximum Age at log on : 55 years (nearer birthday)
e) Policy Term : 10 to 15 years
f) Premium Paying Term : Same as Policy Term
g) Maximum Age at Maturity : 70 years (nearer birthday)
* The sum Basic Sum Assured out cold all policies issued
knocked out this plot for an individual liveliness shall not exceed Rs.
2 lakh.
Date of motivate of risk: Under this intend the risk will
commence rapidly from the date of tribute of the


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