Car Insured - Yes, Phone Insured - Yes, What About Your Life ? Save Rs 4000/M & Get Life Cover + Maturity Benefit of Rs. 39 Lac + Tax Benefit.
LIC or Life Insurance Corporation of India is one of the oldest life insurance companies in India. Despite 23 competitors in the life insurance industry, LIC holds the maximum share of customers with its strong market presence and a wide product range.
The company is specialized in serving different needs of customers with effective life insurance plans such as child plans, investment plans, savings, health plans, withdrawn plans, micro insurance, etc. LIC Child Insurance Plans provide a gateway to the parents to build a financially secure future for their children.
LIC New Children's Money Back Plan is participating, non-linked, traditional, and money-back plan. It is a tailor-made policy that caters to the different stages of your child's life such as marriage, education, and others with the help of survival benefit. It also provides risk cover to the child during the policy tenure.
|Entry age||0 to 12 years|
|Maturity age||25 years|
|Policy tenure||25 years-entry age of the child|
|Sum assured||Rs. 1 lakh to no-limit|
|Premium payment term||[25 - Age at entry] years|
The Jeevan Tarun Plan is a participating non-linked limited premium payment plan, which is a mixture of insurance and savings for a child's secure future. This insurance plan allows you to fulfil your child's dreams of higher education, hostel charges, and other expenses.
|Entry age||90 days to 12 years|
|Maturity age||25 years|
|Policy tenure||25 years- minus the entry age|
|Sum assured||Rs.75,000 to no limit|
|Premium payment term||[20 - Age at entry] years|
LIC is one of the most trustworthy insurance companies in India that provides a wide range of insurance plans to its customers. It offers the best child plans that focus on offering required financial support and stability to your child. Both the LIC child plans are designed with great features and are more than enough to safeguard your child's future.
Let's take the help of an example for a proper explanation.
Mr. Kumar bought a LIC child plan (tenure of 20 years) for his 6-year-old child. The plan promises to pay the benefits at the 15th, 17th, and 20th year of the policy. Mr. Kumar set the time for the benefit so that the child can easily attain the set milestones of the education. Mr. Kumar will receive the funds when the child attains the age of 20 years, 22 years, and 25 years. The same fund can be used further for the higher education of the child. If Mr. Kumar dies during the policy tenure, the plan will continue to function and the company will pay the rest of the premiums.
You can buy LIC Child Plans through the company's official website. Just follow the below-mentioned steps:
Note- The LIC Jeevan Tarun Plan is not available online. If you wish to invest in the same, reach out to the customer care team of LIC or visit the company's nearest branch.
To renew your LIC Child Plan, you have to follow the below-mentioned steps:
|LIC Online Services||LIC Investment Plans||LIC Other Plans|
|LIC Policy Details Online||LIC Jeevan Umang Plan||LIC Term Insurance Plans|
|LIC Online Premium Payment||LIC Jeevan Lakshya Plan||LIC Pension Plans|
|LIC Online Registration||LIC Money Back Policy||Best LIC Plan to Invest|
|LIC Online Login Portal||LIC New Jeevan Anand||LIC's New Jeevan Shanti|
|LIC Premium Calculator||LIC New Endowment Plan||-|
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*Terms and Conditions May Apply
1. How to check policy status for LIC Child Plans?
If you own a LIC Child Plan online, you can track the same by visiting the official website of the company. Below is the process that you have to follow:
Check offline: You must visit the nearest LIC branch to check your policy status.
2. What is the policy cancellation process for LIC Child Plans?
To cancel the policy, speak with the customer care team of LIC, or visit the company branch. The assigned representative will guide you with the process.
3. How to file a claim for LIC Child Plan?
For the same, the claimant/nominee has to visit the nearest branch of the company and speak with the customer representative to know the details.
(Showing latest 5 reviews only)
October 4, 2021
September 28, 2021
badhiya support mila customer team se! compare kiye kaafi plans and I bought one jo mere liye suitable tha with the help i got
September 28, 2021
it was a pleasure purchasing life insurance from LIC. Very supportive staff and patient. Thanks guys!
September 27, 2021
thanks LIC for settling my claims so shortly! it was really urgent and I m happy to have placed my trust on the company
September 22, 2021
sahi plan mil gyaa...i have to thank LIC jinke plans are budget mein...so i got gud cover at low premiums...
Last updated on July, 2020
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fast claim settling...really happy with the help I received. Will be forever grateful to the agent who helped! Thanks