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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.
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