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Date of Withdrawal: 01-Jan-2014
Plan No. 807
  • LIC’s Jeevan Ankur is a conventional with profits plan, specially designed to meet the educational and other needs of your child
  • If you are the parent of a child aged upto 17 years, then Jeevan Ankur is a best gift that you can give to your loved one. It is a unique insurance plan that promises to fund your child’s upbringing if God forbid, you are not there to take care of him
  • In this plan your life risk is covered and your child is the beneficiary
  • You can pay the premium in lumpsum or through regular payments
  • On death of the parent during the term of the policy
    • Full sum assured is paid immediately
    • 10% of sum assured is paid every year till the end of policy term as income benefit
    • At the end of policy term once again full sum assured is paid along with Loyalty addition
  • On survival at the end of the policy term, a maturity amount equal to Sum Assured + Loyalty addition is paid.
  • Optional Add-on Riders available:
    • Accident & Permanent Disability Rider
    • Term Rider - to increase the Life Cover
    • Critical Illness Rider – Pays the sum assured under this rider on occurrence of any critical illness. Wide list of illnesses are covered.
Eligibility Criteria
Min. Max.
Age 18 50
Child Age 0 17
Term 8 25
Sum 1,00,000 No Limit
Premium Modes Yly, Hly, Qly, Mly, Single, SSS
Yearly Premium for 10,00,000 Sum Assured
Proposer Age is consider 30 years
Child Age Term/PPT Premium
5 20/20 37523
5 20/1 416100
10 15/15 53350
10 15/1 497350
All above premiums are without GST.