Product Information

Jeevan Ankur

Ø  LIC’s Jeevan Ankur is a conventional with profits plan, specially designed to meet the educational and other needs of your child

Ø  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, yiu are not there to take care of him.

Ø  In this plan your life risk is covered and your child is the beneficiary

Ø  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.. 

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