home | sitemap | contact
 
 
 Email this page  
fiogf49gjkf0d
Plan No. 932
  • LIC's New Children's Money Back plan has been designed to meet the educational & other needs of the child
  • This plan offers the guaranteed 20% of Sum Assured to the child on the completion of ages 18, 20 & 22 Years
  • The customer has the option to defer these pay-outs
  • On Maturity, child gets the guaranteed 40% of Sum Assured along with Yearly Bonus & Final bonus
  • In case of a minor, this plan also has the premium waiver benefit in case of death of the parent.
  • This plan also has the option of taking the Maturity proceeds in instalments as the policy-holder can choose the no of year as 5, 10 or 15.
  • In a similar way, the policyholder also has the option of choosing the death benefit in instalments
  • LIC also offer the discount in the premium in case the mode of payment is Yearly
  • The loan is also available to the policyholder after the completion of 1 year of the policy
How Does This Policy Work
Sample illustration
Eligibility Criteria
Min. Max.
Age 0 Years (Last Birthday) 12 Years (Near Birthday)
Policy Term 25 - Age at Entry
Premium Payment Term 25 - Age at Entry
Basic Sum Assured Rs.1 Lac No Limit
Maximum Maturity Age 25 Years
Rider LICís PREMIUM WAIVER BENEFIT RIDER (PWB)
fiogf49gjkf05
 
Back Top
 
 
Username
Password
 
Forgot Password?
New User ? Register NOW!
 
FAQ'S
Visit our FAQs section which helps you answer those little questions related to your policy
Click here
COUNSELLOR

Visit our insurance counsellor to analyse your insurability .

Click here