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Last Declared Bonus
LIC 8% Scenario
LIC 4% Scenario
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Scenario for LA*
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LIC 8% Scenario
LIC 4% Scenario
Sum Assured
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Product Information
Founded in 1956, Life Insurance Corporation of India (LIC) is the largest life insurance company in the country with a total income of Rs. 492626.60 crore and total assets worth Rs. 2572028.34 Cr It’s fully owned by the Government of India & is also the county’s largest investor.
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Understand Life Insurance
Dhan Sanchay
Saral Jeevan Bima
Bachat Plus
New Endowment Plan
New Jeevan Anand
Aadhaar Stumb
Jeevan Labh
Aadhaar Shila
Jeevan Lakshya
Single Payment Endowment
Bima Jyoti
Amritbaal
Jeevan Tarun
Jeevan Lakshya
New Children’s Money Back Plan
Jeevan Utsav
Jeevan Umang
New Jeevan Anand
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Jeevan Akshay- VII
Jeevan Shanti
Cancer Cover
Jeevan Arogya
Jeevan Kiran
Jeevan Amar
Dhan Rekha
Jeevan Umang
Bima Shree
Jeevan Shiromani
New Money Back Plan 25 Years
New Money Back Plan
New Bima Bachat
Index Plus
New Pension Plus
SIIP
Nivesh Plus
New Endowment Plus
Plan No. 832
Ideal
for planning your child''s financial goals.
Moderate
premiums.
Multiple
premium payment frequency to choose from.
Life Cover
to the extent of Sum Assured + Bonus + Final Additional Bonus (As applicable).
For life assured below 8 years age -
life cover
will start, on completion of 2 policy years OR 8 years of age - whichever is early.
Survival benefit:
An amount equal
20% of SA
will be paid on each policy anniversary on completion of
18, 20 & 22 years of age.
Maturity benefit: 40% of SA+ Bonus + Final Additional Bonus
(as applicable) will be paid on completion of term.
Loan is Available
any time after 2 policy years.
Policy
can be back dated
within the same financial year to match an important event of your child.
Premium Paid is
TAX EXEMPTED
u/s 80 C.
All returns from the policy are
TAX FREE
u/s 10 (10) (D)
Free lookup
period for 15 days.
Eligibility Criteria
Min.
Max.
Age
0 years
12 years
Term
13 years
25 years
PPT
13 years
25 years
Sum Assured
1,00,000
No Limit
Premium Modes
Yearly, Half Yearly, Quarterly & Monthly
Yearly Premium For 1000000 Sum Assured
Age
Sum assured
3
46882
6
56437
9
70157
12
89022
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