Child Future Plan Policy
Introduction:
This plan is specially designed to meet the increasing educational, marriage and other needs of growing children. It provides the risk cover on the life of child not only during the policy term but also during the extended term (i.e. 7 years after the expiry of policy term). A number of Survival benefits are payable on surviving by the life assured to the end of the specified durations.
Options:
You may choose Sum Assured (S.A.), Maturity Age, Policy Term, Mode of Premium payment and Premium Waiver Benefit.
Payment of Premiums:
You may pay the premiums regularly at yearly, half-yearly, quarterly or through Salary deductions over the term of policy. Premiums may be paid either for 6 years or upto 5 years before the policy term.
Sample Premium Rates:
Following are some of the sample premium rates per Rs. 1000/- S.A.:
| For 6 years’ Premium paying term | |||||
|
Age |
Maturity Age |
||||
|
|
23 |
24 |
25 |
26 |
27 |
|
0 |
112.55 |
108.00 |
103.65 |
99.45 |
95.45 |
|
4 |
132.35 |
127.00 |
121.85 |
116.90 |
112.15 |
|
8 |
156.20 |
149.90 |
143.85 |
138.05 |
132.45 |
|
12 |
184.20 |
176.85 |
169.75 |
162.95 |
156.40 |
|
For Premium paying term = Policy Term less 5 years |
|||||
|
Age |
Maturity Age |
||||
|
|
23 |
24 |
25 |
26 |
27 |
|
0 |
53.10 |
49.45 |
46.20 |
43.25 |
40.60 |
|
4 |
71.80 |
66.90 |
61.65 |
57.00 |
52.95 |
|
8 |
107.80 |
96.30 |
86.75 |
78.75 |
71.90 |
|
12 |
184.20 |
155.40 |
133.90 |
117.25 |
108.05 |
Mode and High S.A. Rebates:
Mode Rebate:
| Yearly mode |
– |
2% of Tabular Premium |
|
Half-yearly mode |
– |
1% of the tabular premium |
|
Quarterly & Salary deduction |
– |
NIL |
Sum Assured Rebate:
| Sum Assured |
– |
Rebate (Rs.) |
|
1,00,000 to 2,99,999 |
– |
Nil |
|
3,00,000 to 4,99,999 |
|
1.5 %o S.A. |
|
5,00,000 and above |
– |
2 %o S.A. |
Source : licindia.in
dear
I have 2 kids
girl 8 year and boy 3 year
which will be the suitable policy for my kids (period 10 or 12 years)
Dear sir,
Please let us know your contact details, we will send our advisor.
U may invest in Jeevan Kishore / Jeevan Chaya
regards,
LicPolicyEquiry.com
hello sir,
my sister have one year child(Boy),pls suggest best policy for her child.
regards,
narzina
Dear Madam,
You may go for LIC Jeevan Kishore Policy. This plan is for children below 12 years of age. Details of the plan is available on the following link:-
http://www.licpolicyenquiry.com/jeevan-kishore-policy
For new Policy Please send mail at sales@licpolicyenquiry.com with your contact details
regards,
LicPolicyEnquiry.com
policy no/
116356710
Dear sir,
POLICES STATUS IS NORMAL PREMIUM PAYING POLICY
NEXT PREMIUM DUE DATE IS 28-05-11
Lic new plan launched
Samridhi plus with guarenteed returns. please contact sales@licpolicyenquiry.com. U will get best services without going to any branch.
http://www.licpolicyenquiry.com/lic-samridhi-plus-policy
Regards,
LicPolicyEnquiry.com