› Home › Information › Product Information › Plan Details
 
 
How To's

Check out these pages that provides you step by step procedure for various policy related tasks.

Click here


Faq's

Visit our FAQs section which helps you answer those little questions related to your policy.

Click here

 
 
 Email this page  
fiogf49gjkf0d
Plan No. 934
  • This plan has been specially designed to meet the career needs of your child
  • You have the option to choose the nature of pay-outs to match the need of your child. The plan offers the benefit in instalments or lump sum as chosen by the customer
  • This plan also offers the Guaranteed risk cover of 125% of the Sum Assured
  • The premium is payable only for a limited period under this plan
  • On Maturity the child gets the Sum Assured along with Vested Bonus and Final Bonus, if any
  • This plan also has the premium waiver benefit where the premium is paid by the LIC in case of any unfortunate event
  • This plan also has the option of taking the Maturity proceeds in instalments as the policy-holder can choose the no of year as 5, 10 or 15.
  • In a similar way, the policyholder also has the option of choosing the death benefit in installments
  • LIC also offer the discount in the premium in case the mode of payment is Yearly
  • The loan is also available to the policyholder after the completion of 1 year of the policy
How Does This Policy Work
Sample illustration
Eligibility Criteria
Min. Max.
Age 90 Days (Completed) 12 Years (Last Birthday)
Policy Term 25 Years - Age at Entry
Premium Payment Term 20 Years - Age at entry
Basic Sum Assured Rs.75,000 No Limit
Maximum Maturity Age 25 Years (Last Birthday)
Rider LIC’s PREMIUM WAIVER BENEFIT RIDER (PWB)
fiogf49gjkf05
Back Top