Jeevan Kishore Policy

Jeevan Kishore Policy

Product summary:
This is an Endowment Assurance Plan available for children of less than 12 years of age. The policy may be purchased by any of the parent/grand parent.

Commencement of risk cover:
The risk commences either after 2 years from the date of commencement of policy or from the policy anniversary immediately following the completion of 7 years of age of child, whichever is later.

Premiums:
Premiums are payable yearly, half-yearly, quarterly or monthly throughout the term of the policy or till earlier death of child, or single premium.

Bonuses:
This is a with-profits plan and participates in the profits of the Corporation’s life insurance business.  It gets a share of the profits in the form of bonuses. Simple Reversionary Bonuses are declared per thousand Sum Assured annually at the end of each financial year.  Once declared, they form part of the guaranteed benefits of the plan. A Final (Additional) Bonus may also be payable provided policy has run for certain minimum period.

Source : licindia.in

5 Comments on "Jeevan Kishore Policy"

  1. om prakash sharma | July 7, 2011 at 9:04 am | Reply

    i want to know about the transformation of my policy.

  2. Chandan Singh Negi | June 10, 2011 at 6:46 am | Reply

    I will know about jivan arogy police

  3. Hi

    MY Policy no : 693922750

    Value = 200000

    Permium money 1602 Quaterly

    Commencement date 26/03/2006

    Till date all permiums are paid .

    If i surrender the policy ( close the polcy)

    How much money can i get back .

    Or can i keep the policy on loan .

    Bit money urgent

    I can get this details from branch office but Please could you please tel from your end

    Please let me know .

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