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LIC’s Jeevan Ankur

LIC’s Jeevan Ankur. Plan No. 807. LIC’s Jeevan Ankur (Plan no. 807) Features. A must plan for all parents. Parent is the Life Assured, child is the Beneficiary. Death Benefit = Sum Assured + Income Benefit + Maturity Benefit *. Maturity Benefit = Sum Assured + Loyalty addition.

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LIC’s Jeevan Ankur

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  1. LIC’s Jeevan Ankur Plan No. 807

  2. LIC’s Jeevan Ankur (Plan no. 807)Features • A must plan for all parents. • Parent is the Life Assured, child is the Beneficiary. • Death Benefit = Sum Assured + Income Benefit + Maturity Benefit *. • Maturity Benefit = Sum Assured + Loyalty addition. *On death of the Life Assured, Basic Sum Assured shall be payable immediately followed by Income Benefit, in addition to this all Maturity Benefits will be payable on the scheduled date of Maturity.

  3. LIC’s Jeevan Ankur (Plan no. 807)Features • Plan available for parents of a new born child also. • Three Riders to customize your policy. • Accident Benefit Rider • Critical Illness Benefit Rider( With an additional option of Premium Waiver Benefit) • Conventional with profits plan.

  4. Tabular Premium (TP) Yly 2% TP Hly 1% TP Mode rebate LIC’s Jeevan Ankur (Plan no. 807)Eligibility conditions

  5. LIC’s Jeevan Ankur (Plan no. 807)Eligibility conditions & Rebates

  6. Tabular Premium (TP) Yly 2% TP Hly 1% TP Mode rebate LIC’s Jeevan Ankur (Plan no. 807)Eligibility conditions & Rebates

  7. LIC’s Jeevan Ankur (Plan no. 807)Benefits MATURITY BENEFIT An Amount equal to Sum Assured plus Loyalty Additions, if any. ***** The Maturity Benefit is also paid to nominee along with Sum Assured and Income Benefit payments in event of Death of the Life Assured.

  8. LIC’s Jeevan Ankur (Plan no. 807)Benefits Death Benefit : • Immediate payment of an amount equal to the Basic Sum Assured. • Income Benefit - Income Benefit equal to 10% of the Basic Sum Assured is payable on each Policy anniversary from the policy anniversary coinciding with or next following the date of death, till the end of policy term to the nominee child. • Another lump sum equal to Basic Sum Assured with Loyalty Addition, if any, on the maturitydate

  9. LIC’s Jeevan Ankur (Plan no. 807)Eligibility conditions – Critical Illness Rider

  10. LIC’s Jeevan Ankur (Plan no. 807)Eligibility conditions – Accident Benefit Rider

  11. LIC’s Jeevan Ankur (Plan no. 807)Benefit Illustration

  12. LIC’s Jeevan Ankur (Plan no. 807)Benefit Illustration

  13. LIC’s Jeevan Ankur (Plan no. 807)Benefit Illustration

  14. LIC’s Jeevan Ankur (Plan no. 807)Benefit Illustration

  15. LIC’s Jeevan Ankur (Plan no. 807)Reasons to Buy…… Jeevan Ankur , because it conveys the most important message to your child – • That he/she is the prime focus of your life. • That savings are important. • That security is important.

  16. LIC’s Jeevan Ankur (Plan no. 807)Reasons to Buy…… • Monetary Benefits of the plan shall enable your child to meet important financial expenses during his/her growing-up years. • The immediate payment of amount equal to the Sum Assured will help meet financial needs that arise on demise of the Life Assured. • Continued benefit of 10% of SA on every policy anniversary till Maturity is helpful in meeting educational expenses from time to time.

  17. LIC’s Jeevan Ankur (Plan no. 807)Reasons to Buy…… • Plus the Maturity Benefits of Basic Sum Assured and Loyalty Additions, if any shall be available on maturity irrespective of your survival. • You can customize your plan through Accidental Benefit Rider and Critical Illness Rider as additional security is always an added advantage. Jeevan Ankur the plan that cares ! Thank you !

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