LIC’s Jeevan Ankur

LIC’s Jeevan Ankur 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.

LIC’s Jeevan Ankur 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.

LIC’s Jeevan Ankur Eligibility conditions Mode rebate Tabular Premium (TP) Yly2% TPHly1% TP ParticularsMinimumMaximum Entry Age Life Assured (Parent) 18 years50 years Entry Age for child0 years17 years Term Maximum (18 minus age of child, 8) years 25 minus age of child Sum AssuredRs /-No limit

LIC’s Jeevan Ankur Eligibility conditions & Rebates ParticularsConditions Premium Payment modeSingle Premium, yearly, half-yearly, Quarterly, Monthly (ECS & SSS) Other ConditionsSum Assured shall be in multiples of Rs. 5000/- Mode rebate Tabular Premium (TP) Yly2% TP Hly1% TP Service Tax shall be payable by the policyholders on Single / Installment Premium as and when premiums are due.

LIC’s Jeevan Ankur Eligibility conditions & Rebates Mode rebate Tabular Premium (TP) Yly2% TPHly1% TP High Sum Assured Rebate Mode SA in lacs ‰ SA Single Premium Upto 1. 95Nil 2 to ‰ >5 lacs6.00‰ Regular Premium Upto 1. 95Nil 2 to ‰ > 5 lacs3.00‰

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.

LIC’s Jeevan Ankur 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 maturity date

LIC’s Jeevan Ankur Eligibility conditions – Critical Illness Rider ParticularsMinimumMaximum Entry Age18 years50 years Policy TermRegular – 10 years Single – 8 years As per basic plan Maturity Age60 years Critical Illness Sum Assured (CISA) Rs.50000/-Maximum of 5 lakh overall limit under all existing policies and new proposals Other Conditions CISA shall be in multiples of Rs.10000/- PWB option can be availed provided the BSA = CISA.

LIC’s Jeevan Ankur Eligibility conditions – Accident Benefit Rider ParticularsMinimumMaximum Entry Age 18 years50 years Maturity Age As per Basic Plan70 years Accident Benefit Sum Assured (ABSA) Rs /-Rs.50 lakh overall limit, taking into account ABSA under all existing policies, i.e. Individual,Group and new proposals. The policies may be from LIC or any other insurance company. Other Conditions  AB Premium shall Re.0.50 ‰.  The ABSA shall be in multiples of Rs.5000/-.  This Benefit is available under Regular Premium policies only.

LIC’s Jeevan Ankur Benefit Illustration ParticularsDescription Age35 years Term25 years ModeYearly Premium3587/- ( Exclusive of Service Tax) Sum Assured Maturity 6% Maturity 10% Death Benefit payable immediately on every policy anniversary after death till maturity. All Maturity Benefits payable on Maturity

LIC’s Jeevan Ankur Benefit Illustration ParticularsDescription Age35 years Term10 years ModeYearly Premium9055/- ( Exclusive of Service Tax) Sum Assured Maturity 6% Maturity 10% Death Benefit payable immediately on every policy anniversary after death till maturity All Maturity Benefits payable on Maturity

LIC’s Jeevan Ankur (Plan no. 807) Benefit Illustration ParticularsDescription Age35 years Term25 years ModeSingle Premium40900/- ( Exclusive of Service Tax) Sum Assured Maturity 6% Maturity 10% Death Benefit payable immediately on every policy anniversary after death till maturity All Maturity Benefits payable on Maturity

LIC’s Jeevan Ankur (Plan no. 807) Benefit Illustration ParticularsDescription Age35 years Term25 years ModeSingle Premium62565/- ( Exclusive of Service Tax) Sum Assured Maturity 6% Maturity 10% Death Benefit payable immediately on every policy anniversary after death till maturity All Maturity Benefits payable on Maturity

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.

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.

LIC’s Jeevan Ankur 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.