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Lic New Children Money Back vs Lic New Jeevan Anand

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Lic New Children Money Back vs Lic New Jeevan Anand

Lic New Children Money Back

The future of the world depends on the strength of the children today. But if they are not prepared for that purpose, the dream will be unattainable. This is why there are certain premium policies available for children to secure their future on the whole. LIC's New Children Money Back Plan (Plan No...

Lic New Jeevan Anand

LIC New Jeevan Anand is a participating non-linked plan providing a combination of both protection and savings. The plan offers financial protection against death throughout the lifetime of the policyholder with the provision of payment of a lump sum at the end of the selected policy term in case of...

PLAN DETAILS

Lic New Children Money Back


Lic New Jeevan Anand

Premium Including GST
Key Features
(Key features of the plan)
  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure
  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure
Plan Uniqueness
  • Death Benefits Maturity Benefits
  • Survival Benefits
  • Death Benefits
  • Maturity Benefits
  • Policy Loan
Plan Maturity age Maximum Maturity Age - 25 years Maximum Maturity Age - 75 years
Premium payment term 25 minus Age at Entry -
Plan Entry Age Minimum Age - 0 years Maximum Age - 12 years Minimum Age - 18 years Maximum Age - 50 years
Sum assured Rs 1 lakh to No limit Rs 1 lakh to No limit
Premium payment frequency Annual, half-yearly, quarterly & monthly Annual, half-yearly, quarterly & monthly
Plan Sample Premium - -
Plan Brochure Brochure URL Brochure URL
Policy tenure 25 minus Age at Entry Minimum term - 15 years Maximum term - 35 years
Claim Settlement Ratio (2023-24) 98.62 98.62
Recommended Videos
LIC New Children Money Back Plan 932 Details

LIC New Children Money Back Plan 932 Details

LIC Jeevan Anand Plan 915 Details

LIC Jeevan Anand Plan 915 Details

Know More About Plans

The future of the world depends on the strength of the children today. But if they are not prepared for that purpose, the dream will be unattainable. This is why there are certain premium policies available for children to secure their future on the whole. LIC's New Children Money Back Plan (Plan No: 932) is especially known for its benefits for growing children. Two features why parents and grandparents choose this policy for their beloved children are- that security is given till 25 years old and then offering maturity with a lump sum amount for fulfilling important tasks.

LIC New Children Money Back Plan offers you a range of benefits including:

why-choose
  • Death Benefits
  • Maturity Benefits
  • Grace Period
  • Policy Revival
  • Survival Benefits

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