LIC’s New Children Money Back Plan ( Table No. 832 )
Basic Features of New Children Money Back Plan
- Age : 0 to 12
- Proposer’s age : Minimum – 18 years , Maximum – 55 years
- Min Sum Assured : 1 Lac
- Max Sum Assured : No limit
- Mode : Monthly/Quarterly/Half Yearly/Yearly
- Policy Term : 25 minus age
- Premium Term : 18 minus age
- PWB available.
- Maturity for below Child Age
- At 18 = 20% of SA
- At 20 = 20% of SA
- At 22 = 20% of SA
- At 25 = 40% of SA + Bonus+ Final Additional Bonus
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