Reduction of total Floater sum insured on the exit of any member by way of death/ineligibility

DEAR ALL LIC LIC PENSIONERS, 

I attach herewith CO circular dated 23.09.2017which gives an option to the pensioner to reduce the total floater sum insured proportionately to the next available total floater sum insured on exit of any member by way of death/ineligibility but compulsory Floater sum insured will remain the same. 

R K Sahni

Circular of option for increased cover 23092017-2.pdf

Circular of option for increased cover 23092017-2.pdf