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
- Accident Benefit Rider
- Critical Illness Benefit Rider( With an additional option of Premium Waiver Benefit)
- 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:
| Particular | Minimum | Maximum |
| Entry Age Life Assured (Parent) | 18 Years | 50 Years |
| Entry Age for child | 0 Year | 17 Years |
| Policy Term | 18 minus age of the child, or 8 years min. | 25 minus age of child. |
| Sum Assured | Rs.100000/- | No Limit |
Premium modes:
Single-Premium, yearly, half-yearly, Quarterly, Monthly (ECS & SSS)
Eligibility conditions – Accident Benefit Rider
Critical Illness Rider
My present age 38.My children age 7.sumassud 50000,term 16th year.please send me quaterly premium calculation.
Pls. tell me if I will pay Rs.1000/- Per /month for JEEVAN ANKUR PLAN (807) policy for my son whose age is 6 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…
Regards
Ashwani
Lalita Rao Said,
March 8th, 2012 @1:31 am
Pls. tell me if I will pay Rs.1000/- Per /month for JEEVAN ANKUR PLAN (807) policy for my daughter whose age is 4 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…
Regards,
Lalita Rao
My age 34 years old.My baby age 14 months. jivan ankur 807 plan. I want 5lakh sum assured.please send me premium yearly mode.
to become lic agent at hyderabad call me at 98480 18051.
I would like to get conformation regarding presence of premium waiver benefit when policy holder dies during the term of policy
in Jeevan ankur.when cash benefits are being paid.
MY KID AGE 3+ YEARS I WANT TAKE ONE JEEVAN ANKUR POLICE.ONE FACILITIES IS THERE.PL.CONFIRM ME MY MAIL.
please let me know what is critical insurance rider ? what is use?
if a person opts 15Lac policy please clarify .
thanking you
i am 33 years old and my female child is 20 months old. if i pay rs. 3000 thousaand a month for 15 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
i am 38 yrs age my baby is 4 yrs old.i can take policy for max peried 21 yrs. if i am alive than how much i will get . ex sum assured is 100000