LIC Child Plans

LIC Jeevan Lakshya : Table No. 833

  • USPs of LIC Jeevan Lakshya 
  • In Built PWB
  • For the Benefit of Family and CHild Education
  • If Policy acquires Paid-U Value, even if lapsed, the benefit will be payable as per reduced Sum Assured( Dear Paid-up S.A.)
  • Higher Death Benefit at low Premium with value added Rider.

Benefits 

  • Death Benefits : Annual Income Benefit + Assured 110% of Basic S.A. + Vested Simple Reversionary Bonus + F.A.B (If Any)
  • Maturity Benefit: S.A. + Bonus + F.A.B (If Any)

Silent Features

  • Age : 18 Yrs Completed to 50Yrs
  • Policy Term : 13-25Yrs
  • Premium Paying Term : Policy Term Less 3 yrs
  • Minimum S.A. : Rs1,00,000/- (then multiple of 10,000/-)
  • Accidental death & Disability rider : Optional (Overall Limit 1 Cr.)
  • Loan Facility: Available after 3 years
  • Revival: Withing 2 years from the Date of FUP

LIC Jeevan Tarun : Table No. 834 

LIC Jeevan Tarun

A Unique Plan exclusive for Children

  • To meet the educational expenses
  • To head start career after education
  • To meet the marriage expenses
  • To meet other needs of a growing child

Children Money Back Plan : Table No. 832

It is a non-liked with profit insurance plan with

  • Money Back Programme
  • Optional Benefit on Survival Benefit
  • Money Back comes at the age of 18yrs, 20yrs & 22 Yrs of the child.
  • Can be taken in the name of the child.
  • The Child should be 90days to 12 years of age.
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