Date of Withdrawal: 01-Jan-2014
Plan No. 807
- LIC’s Jeevan Ankur is a conventional with profits plan, specially designed to meet the educational and other needs of your child
- If you are the parent of a child aged upto 17 years, then Jeevan Ankur is a best gift that you can give to your loved one. It is a unique insurance plan that promises to fund your child’s upbringing if God forbid, you are not there to take care of him
- In this plan your life risk is covered and your child is the beneficiary
- You can pay the premium in lumpsum or through regular payments
- On death of the parent during the term of the policy
- Full sum assured is paid immediately
- 10% of sum assured is paid every year till the end of policy term as income benefit
- At the end of policy term once again full sum assured is paid along with Loyalty addition
- On survival at the end of the policy term, a maturity amount equal to Sum Assured + Loyalty addition is paid.
- Optional Add-on Riders available:
- Accident & Permanent Disability Rider
- Term Rider - to increase the Life Cover
- Critical Illness Rider – Pays the sum assured under this rider on occurrence of any critical illness. Wide list of illnesses are covered.
| Eligibility Criteria |
|
Min. |
Max. |
| Age |
18 |
50 |
| Child Age |
0 |
17 |
| Term |
8 |
25 |
| Sum |
1,00,000 |
No Limit |
| Premium Modes |
Yly, Hly, Qly, Mly, Single, SSS |
| Yearly Premium for 10,00,000 Sum Assured |
| Proposer Age is consider 30 years |
| Child Age |
Term/PPT |
Premium |
| 5 |
20/20 |
37523 |
| 5 |
20/1 |
416100 |
| 10 |
15/15 |
53350 |
| 10 |
15/1 |
497350 |
| All above premiums are without Service Tax. |
