LIC Jeevan Ankur

LIC Jeevan Ankur (Plan no.807) is the latest insurance plan for the children. LIC Jeevan Ankur gives multiple financial assistance to your child when he/she needs in growing up years. In this plan, the parent is the Life Assured and the child is the Beneficiary.

LIC Jeevan Ankur Features:

  • Jeevan Ankur is the must plan for all parents.
  • The option of single premium/Regular premium
  • The parent is the Life Assured, the child is the Beneficiary.
  • Death Benefit= Sum Assured + Income Benefit + Maturity Benefit*
  • Maturity Benefit= Sum Assured + Loyalty addition, if any.
  • Plan available for parents of a newborn child also
  • 3 Riders to customize Jeevan Ankur policy
  1. Accident Benefit Rider
  2. Critical Illness Benefit Rider( With an additional option of Premium Waiver Benefit)
  3. Conventional with-profits plan.

Death Benefits:

Immediate payment of an amount equal to the Basic Sum Assured plus income benefit plus maturity benefit*

* On the death of the Life Assured, Basic Sum Assured shall be payable immediately followed by Income Benefit, in addition to this all Maturity Benefits will be payable on the scheduled date of Maturity.

Income Benefit:
Income Benefit equal to 10% of the Basic Sum Assured is payable on each Policy anniversary from the policy anniversary coinciding with or next following the date of death, till the end of the policy term to the nominee child.

Another lump sum equal to Basic Sum Assured with Loyalty Addition, on the maturity date.

Eligibility conditions for Jeevan Ankur:

ParticularMinimumMaximum
Entry Age Life Assured (Parent)18 Years50 Years
Entry Age for child0 Year17 Years
Policy Term18 minus age of the child, or 8 years min.25 minus age of child.
Sum AssuredRs.100000/-No Limit

Premium modes:

Also Read  LIC Gratuity Plus Plan

Single-Premium, yearly, half-yearly, Quarterly, Monthly (ECS & SSS)

Eligibility conditions – Accident Benefit Rider

Critical Illness Rider

  1. Plan name- Jeevan Ankur
    maturity Value @ 10% will be received witch amount.
    maturity Value @ 6% will be received witch amount.

  2. Friends.
    For anykind of policy in LIC (information/ service/claims) u can mail me @ arunkarukayil@ymailcom & u can give a call on 08606150140
    Idukki,Kerala

  3. Dear Sir,

    I am Pradeep, the policy for my daughter she has 3 years only , can describe me which plan we can invest to get good benefit for her marriage or higher education. single premium method. example if I deposit 5lakhs then how much i can get after 20 years.

    looking your reply soon

    thanks
    pradeep

  4. I am 30 years old,i have opened a LIC Jeevan Ankur of 10000,half yearly mode of term 20 years,what will my maturity amount,my son is 1 years and 6 months,what about the monthly charges that will be incurred in this policy of mine,please suggest if i have choosen a good policy or else i should have opened a different policy.

  5. If life assured is alive then who will get maturity benefits?
    (Jeevan ankur )
    Reply must…..

  6. hi all.

    secure your children future and make your retirement in enjoyment with L.I.C’s plans .contact me neha,lic88@gmail.com,djsharma8106@gmail.com and +919996978791,+919253625300

  7. Awadhesh Kr Singh June 5, 2012 at 12:02 pm

    Suppose my age is 36 years and my child’s age is 6 yrs. How much and what type of benefits I shall get if I intend to invest Rs 1 lac underJeewan Ankur 807 policy

  8. Ganesh Kumar Sharma May 16, 2012 at 4:23 pm

    Pls. tell me if I will pay Rs.2400/- Six months for JEEVAN ANKUR PLAN (807) policy for my daughter whose age is 8 months.

    Pls. suggest me the following concepts.

    TOTAL TERM. IN YEARS

    TOTAL AMOUNT PAID
    AMOUNT ON MATURITY

    1 At what age risk cover will be start.

    2 If death of life assured (Father)before maturity of policy
    what amount will be paid to child on the age of 18 years.

    3 if death of child before maturity of policy what amount will
    be paid to life assured.

    4 if death in accident of life assured what amount will be paid to
    child.

    Pls. send details on this mail id immediately pls…

    Whose Will be Documrnt’s Required
    Regards,

  9. I need a single premium policy for my grand son who is now 2years old for his education purpose that should mature by the time he is 18-20 years. Is Jeevan Ankur the best one,Pl.comment.thks

  10. ple. tell me if will pay rs 1000/-per month for jeevan ankur plan (807) policy for my son and doughter whose age is 7;8years ple suggest me the folloing concept total term in year total amount paid amount on the meturity 1)at what age risk cover will start and if death of lifeassured (father)before meturity of policy and what amount will be paid to on the age of 18 years and if death in accident of life assured what amount will be paid to child pie send detals on this mail idimmidiyatly ple j.c.r

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