Stop worrying about children’s future, get Rs 19 lakh by investing Rs 150 in LIC
Get Rs 19 lakh by investing Rs 150, the best opportunity to invest for the future of children
Invest in this LIC policy
Best opportunity for children’s future
Invest in New Children’s Money Bank Plan
Parents’ financial planning these days also includes concerns about the good future of their children. In view of which, the country’s largest life insurance company Life Insurance Corporation of India (LIC) has launched many policies for the convenience of.There are many benefits to investing in this company’s policy. Many people invest in someone else’s space by taking care of their children’s studies, marriage and other
expenses.Which has been designed keeping in mind the needs of the children. We are talking about ‘LIC New Children’s Money Back Plan’.
Let us know about the special features of this policy
The minimum age to purchase this insurance is 0 years.
The maximum age to take out insurance is 12 years.
There is no limit to the sum assured.
Premium Weaver Benefit Rider-option also available
The total term of LIC’s New Children’s Money Bank plan is 25 years.
Money bank installment
Under the plan, LIC pays 20-20 per cent of the basic sum insured to children aged 18, 20 and 22. The remaining 40 per cent will be paid on completion of 25 years of the policyholder. At the same time all kinds of outstanding bonuses will be paid.
At the time of policy maturity, the policyholders will get the sum assured along with the remaining bonus.
In case of death of the policyholder during the policy term, bonus and last bonus are given in addition to the insurance premium. Death benefits are 105 percent less than the total premium payment.