1. LIC’S JEEVAN KISHORE PLAN NO-102

2. Features Plan can be availed for newly born to 12 year old kids
Helps you build up a capital in small instalments, gradually
but definitely
Policy participates in profits and terminal bonus is payable
at maturity, depending upon the experience of the
Corporations
Guaranteed Sum Assured at Maturity
Premium Waiver Benefit can be availed by the proposer,
whereby payment of future premium is waived, in case of
unfortunate death of proposer, during term of the policy

3. Features Who can avail of this plan ?
Parents can propose this plan on the life of children, both male and female, between the ages 0 and 12(lbd)
When will the risk commence ?
Risk will commence either 2 years after the date of commencement or from the policy anniversary falling immediately after the completion of 7 years of age, whichever is later
What will be the Age Proof?
Certified extract from Municipal or other records at the time of birth
Extract from School records will be accepted as age proof

4. Features What is the duration for which the policy is issued ?
Minimum term is 15 years & maximum term is 35 years. Maturity ages allowed are 20 to 30 years and 35, 40 and 45 years
When Accident Benefit (AB) will be granted ?
AB is granted without charging any extra benefit for the first Rs. 1 lakh after the attainment of age 25 by the Life Assured. Permanent Disability benefit is applicable from the date of vesting
Whether medical examination is required ?
No medical examination of the child is required if his/her age is below 10 years, else medical examination is necessary

5. Benefits Maturity Benefit: Death Benefit
If the policy is in full force full Sum Assured along with Vested Bonus and Final Additional Bonus is payable
Death Benefit
Before commencement of Risk:
On death of child i.e. Life Assured before commencement of risk commencement of risk, the premiums paid excluding premium for PWB) will be refunded as death claim to proposer. No bonus is payable
On and after commencement of Risk:
If death of Life Assured takes place within days of grace or within Basic/Extended claim concession period, then full Sum Assured along with Vested Bonus minus outstanding premiums will be paid as death claim