LIC’s Child Future Plan (Table No 185):

  Term Age Sum Assured
Minimum 11 0 100000
Maximum 27 12 1000000

Premium Ceasing: Age 27 Premium Ceasing Term: 11 Years

 LIC Child Future Plan is with profits plan for children not ULIP.

The features of the plan are mentioned below:
o Guaranteed returns in the form of survival benefits.
o Receive 25% of sum assured 5 years before the policy maturity.
o Receive 10% of sum assured at 4th,3rd,2nd and one year before the expiry of policy term.
o On expiry of policy the policyholder will get 50% of the sum assured plus recessionary bonus and Final Additional Bonus.
o Extended term of 7 years is available from the date of expiry of the policy term.
o In case of non-payment of premium after at least two full year’s premium has been paid, full death cover shall continue for a period of 2 years from the date of first unpaid premium.
o Sum assured is available between 1 lakh and 1 crore.
o Minimum and maximum entry age 0 years and 12 years respectively.

For Getting Charts, Presentation, Question, Answers, Reviews, Quotations Various kind of Options in LIC Child Future Plan. Type your Business query for lic’s Child Career plans here..

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