LIC’s Jeevan Ankur is child insurance plan under this we are providing a lot of benefits for your child. If you are the

parent of a child aged upto 17 years, LIC’s Jeevan Ankur is the most suitable the best LIC plan for you which ensures that your responsibilities are met whether you survive

or not and without depending on anyone else.
The risk cover under this plan will be on your life as a parent and the named child shall be the nominee under the plan. The

policy term shall be based on the age at maturity of the child.

1. BENEFITS

i) Death benefit:
On death of the Life Assured during the policy term: Basic Sum Assured shall be payable to the nominee and an income benefit

equal to 10% of Basic Sum Assured shall be payable on each policy anniversary, from the policy anniversary coinciding with or

next following the date of death, till the end of the policy term.
On death of child, when Life Assured is alive: On death of the child, the Life Assured will have an option to nominate

another child/person and the policy will continue with the same benefit payable to new nominee/legal heirs after the death of

the Life Assured during the term of the policy.
On death of child/nominee after Life Assured’s death: The policy shall continue and the benefits shall be payable to the

legal heir(s).

ii) Maturity Benefit:
At the end of the policy term an assured maturity benefit equal to Basic Sum as- sure along with Loyalty Addition, if any,

shall be payable irrespective of survival of the Life Assured.
iii) Loyalty Addition:
Depending upon the Corporation’s experience the policy will be eligible for Loyalty addition on the stipulated date of

maturity irrespective of survival of Life Assured.

2. OPTIONAL BENEFITS: YOU MAY CHOOSE THE FOLLOWING OPTIONAL RIDERS BY PAYMENT OF ADDITIONAL PREMIUM-

i) Accident Benefit Rider:
This benefit is available under regular premium policies only. An additional sum equal to Accident Benefit Rider Sum Assured

is payable upon death due to accident. The Accident Benefit Rider Sum Assured may be opted for an amount up to the Basic Sum

Assured subject to minimum of Rs. 25,000 and maximum of Rs. 50 lakh (including all policies with LIC of India and other

insurers). This benefit will be available only till the age nearer birthday of the Life assured is 70 yrs.

ii) Critical Illness Rider:
An amount equal to Critical Illness Rider Sum Assured will be payable in case of diagnosis of defined categories of Critical

Illnesses. The Critical Illness Rider Sum Assured may be opted for an amount up to the Basic Sum Assured subject to a minimum

of Rs. 50,000 and a maximum of Rs. 5 lakh (including all policies with LIC of India). This benefit will be available provided

the policy matures on or before the Life Assured attains 60years of age. Critical Illness Rider can be availed with or

without Premium Waiver Benefit. If Critical Illness Rider is opted with Premium Waiver Benefit, then in the event of Life

Assured diagnosed with any of the Critical Illnesses covered under the policy, the total future premium in respect of the

policy will be waived. The Basic Sum Assured under such policies should be equal to the Critical Illness Rider Sum Assured.

Contact us to know more info regarding lic plan, life

insurance agent and buy insurance plan.

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