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Lic Komal Jeevan vs Fixed Maturity Plan

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Lic Komal Jeevan vs Fixed Maturity Plan

Lic Komal Jeevan

LIC regularly introduces plans to meet different customer needs. The LIC Komal Jeevan Plan is specially designed for children aged 0 to 10 years.When a newborn baby steps into the family, parents experience a mix of excitement and anxiety. They become overwhelmed by the responsibilities of a new mem...

Fixed Maturity Plan

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

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 years to Maximum: 10 years.
Claim Settlement Ratio (2024-25) 98.5% 98.65%
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LIC Komal Jeevan Plan | LIC Children Moneyback Plan | Best LIC Child Insurance Plan

LIC Komal Jeevan Plan | LIC Children Moneyback Plan | Best LIC Child Insurance Plan

Know More About Plans

LIC regularly introduces plans to meet different customer needs. The LIC Komal Jeevan Plan is specially designed for children aged 0 to 10 years.When a newborn baby steps into the family, parents experience a mix of excitement and anxiety.

They become overwhelmed by the responsibilities of a new member, such as education, marriage, and health. While saving for your child's education and marriage, it is also significant to safeguard your child from life's uncertainties. The LIC Komal Jeevan Plan offers earned returns along with the sum assured, payable upon maturity or when the child attains 18 years of age, whichever is earlier. This plan offers a range of benefits including:

  • Guaranteed Additions
  • Loyalty Additions
  • Maturity Benefits
  • Surrender Value Benefits
  • Death Benefits

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