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Date of Withdrawal: 01-Jan-2014

Plan No. 807

LIC’s Jeevan Ankur is a conventional with profits plan, specially designed to meet the educational and other needs of your child
If you are the parent of a child aged upto 17 years, then Jeevan Ankur is a best gift that you can give to your loved one. It is a unique insurance plan that promises to fund your child’s upbringing if God forbid, you are not there to take care of him
In this plan your life risk is covered and your child is the beneficiary
You can pay the premium in lumpsum or through regular payments
On death of the parent during the term of the policy
- Full sum assured is paid immediately
- 10% of sum assured is paid every year till the end of policy term as income benefit
- At the end of policy term once again full sum assured is paid along with Loyalty addition
On survival at the end of the policy term, a maturity amount equal to Sum Assured + Loyalty addition is paid.
Optional Add-on Riders available:
- Accident & Permanent Disability Rider
- Term Rider - to increase the Life Cover
- Critical Illness Rider – Pays the sum assured under this rider on occurrence of any critical illness. Wide list of illnesses are covered.

Yearly Premium for 10,00,000 Sum Assured
Proposer Age is consider 30 years
Child Age	Term/PPT	Premium
5	20/20	37523
5	20/1	416100
10	15/15	53350
10	15/1	497350
All above premiums are without Service Tax.