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 Health Protection Plus

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

Eligibility conditions – Accident Benefit Rider

Critical Illness Rider

  1. my 1 child is 9 year old
    and 2nd child is 7 year old
    lic jivan ankur plan
    plz tell send amount for single premum for both child seperately

  2. I have 1 year and 7 months yrs old child , i want jeevan ankur plan give me the details

  3. AGE OF CHILD- 8 YEAR
    TERM- 11 YEAR

    S.A.- 5 LACS
    PLAN NAME -JEEVAN ANKUR

    WHAT IS THE PREMIUM OF HYLY RS.
    ( INCLUDED SER. TAX)
    WHAT IS THE PREMIUM YLY RS.
    ( INCLUDED SER. TAX)

    PLEASE URGENT REPLY

  4. Pls. tell me if I will pay Rs.1000/- Per /month for JEEVAN ANKUR PLAN (807) policy for my daughter whose age is 2 months.

    Pls. suggest me the following concepts.

    What will 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…

    Regards
    K Mandi

  5. Please send details of LIC JEEVAN ANKUR

  6. Dear sir /mam
    i am very tense about my daughter,
    i request u pls advice me,which
    policy is best for my 3 yrs old
    daughter,my sum assured is
    20 lacs ,i need only investment
    plan,for the marriage or education
    purpose,kindly send me whole
    information.i hope will u reply
    soon.
    afshu gufran

  7. nandu ramji kale March 19, 2012 at 12:56 pm

    Kindly send me details of following :
    age of my daughter : 3 and 5 years
    my DOB : 26/06/1969
    SA : 1,00,000/-
    Monthly mode of pmt

    dear sir/madam,
    kindly send me both monthly EMI with service tax and term
    thanks

  8. i am 41 years old and my female child is 6 year old. if i pay rs. 1500 thousaand a month for 12 years. plese let me know two things that what would be the sum assured and what would be benefit in both situation death or, maturity

  9. Mohiuddin Hussain March 15, 2012 at 8:12 pm

    i am 34 years old and my female childs are 6 years old n 1.4 year . if i pay rs. 4173 thousaand a month for 5 years. plese let me know two things that what would be the sum assured and what would be benefit in both situation death or, maturity

  10. i am 32 years old and my male child is 4yrs old. if i pay rs. 1000 thousand a month for 10 yrs. plese let me know that what would be the sum assured.

    or

    If I will take a policy of Jeevan Ankur for a period of 10 years for a sum assured Rs.200000/- then what will be the premium amount annualy and what will be the maturity value.

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