Lic Komal Jeevan
vs
Fixed Maturity Plan

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Lic Komal Jeevan vs Fixed Maturity Plan

Lic Komal Jeevan

LIC has been very dynamic in introducing plans according to different individuals' demands. The LIC Komal Jeevan Plan is exclusively fabricated for children between the ages of 0 and 10. When a newborn baby steps into the family, the parents experience a mix of excitement and anxiety. They become ov...

Fixed Maturity Plan

Aditya Birla Sunlife Fixed Maturity Plan is a non-linked, non-participating endowment product providing fully guaranteed benefits as a lump-sum on maturity. ABSLI Fixed Maturity Plan is a savings vehicle that offers life insurance protection and savings advantages to protect your loved ones from fin...

PLAN DETAILS

Lic Komal Jeevan


Fixed Maturity Plan

Premium Including GST
Key Features
(Key features of the plan)
  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure
  • Tax Benefits u/s 80C & 10 (10D)
  • Single Premium
  • ZERO Withdrawal Charges
Plan Uniqueness
  • Guaranteed Additions
  • Loyalty Additions
  • Survival Benefits
  • Policy loan
  • Enhanced sum assured
  • Tax benefit
Plan Maturity age Maximum Maturity Age - 26 years 70 years
Premium payment term 18 years Single, Limited, Regular
Plan Entry Age Minimum Age - 90 days Maximum Age - 10 years 8 years
Sum assured Rs 1 lakh to Rs 25 lakhs Rs. 15000- no limit
Premium payment frequency Annual, half-yearly, quarterly & monthly Single, Limited, Regular
Plan Sample Premium - -
Plan Brochure Brochure URL Brochure URL
Policy tenure Minimum term - 10 years Maximum term - 26 years Minimum-5 to Maximum-10 years.
Claim Settlement Ratio (2023-24) 98.62 98.12

Know More About Plans

Overview

LIC has been very dynamic in introducing plans according to different individuals' demands. The LIC Komal Jeevan Plan is exclusively fabricated for children between the ages of 0 and 10.

When a newborn baby steps into the family, the parents experience a mix of excitement and anxiety. They become overwhelmed by the responsibilities of a new member, such as education, marriage, health, etc. While you start saving for your child's education and marriage, it also becomes significant to safeguard your child from any life uncertainties.

LIC Komal Jeevan Plan gives you earned returns along with the sum assured when the maturity period arrives or the child attains the age of 18 years, whichever happens first.

LIC Navjeevan Plan offers you a range of benefits including:

why-choose
  • Guaranteed Additions
  • Loyalty Additions
  • Maturity Benefits
  • Surrender Value Benefits
  • Death Benefits

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Bijender Singh

Reviewed By: Bijender Singh

With 9 years of progressive experience in the insurance industry, including 7 years at Policy X, I have honed my expertise in Life and Health Insurance. My strengths lie in devising customer-centric solutions, streamlining insurance processes, and delivering exceptional service. I have successfully led high-performing teams, excelling in business planning, manpower management, and strategic decision-making.