|
Jeevan Kishore
(Table No. 102 )
Rare is
a person who does not love children - Sweet, cute , innocent, spreading joy and
happiness around. If they are one’s own offspring, the affection is still
deeper. The sense of satisfaction one derives in seeing dear
ones happy, cannot be measured. And one’s aim will be to keep them secure and happy for
ever.
You
will certainly like to give your children a start in life, a gift, a firm
financial commitment, for their secure future. LIC has come out with a new
plan, Jeevan Kishore, that covers the life of the child from as
early as age of 7. This is a Plan that
all parents should gift to their children.
Benefits
Ø Maturity Benefits:
ü Basic Sum Assured +
Vested Bonus + Final Additional Bonus
Ø Death Benefits:
ü Basic Sum Assured +
Vested Bonus + Final Additional Bonus,
if death occurs after date of commencement of risk.
ü Total Premiums paid
excluding the premiums for premium waiver benefit will be refunded, if death
occurs before date of commencement of
risk.
Ø Mode Benefit:
ü The following table shows
the rebate available on the mode of premium payment.
Mode
|
Rebate
|
Yearly
|
3% of tabular premium
|
Half - Yearly
|
1.5% of tabular premium
|
Quarterly
|
Nil
|
Ø Sum Assured Benefit:
ü The following table shows
the rebate available on the sum assured.
Sum Assured
|
Rebate
|
Up To Rs.50,000
|
Nil
|
Rs.50,001 To Rs.1,00,000
|
Rs. 1 Per Thousand
|
Rs.1,00,001 And Above
|
Rs. 2 Per Thousand
|
Features
Ø Children between the ages
of 1 and 12 are eligible for this policy.
Ø Risk cover starts as
early as age of 7.
Ø Premium Waiver Benefit.
Ø Minimum Sum Assured is Rs. 50,000
Ø Maximum Sum Assured Rs
15,00,000, if the as on the date of proposal is less than 10 & Rs 25,00,000
in other cases
Ø Minimum age at entry - 1
(completed)
Ø Maximum age at entry - 12
Ø Maximum maturity age - 45
Ø Moposal is less than 10 years. Other wise Medical examination will be necessary
Ø No Loans are granted under this policy
Ø Substitution of child will not be permitted
odes Allowed - Yearly,
Half Yearly, Quarterly, Monthly & Single Premium
Ø No Medical Examination
will be necessary if the age of the child as on the date of pr
