Lic jeevan ankur ppt - emotional atyachar

L IC’s Jeevan A nkurL IC’s Jeevan A nkurL IC’s Jeevan A nkurL IC’s Jeevan A nkur

P lan N o. 807P lan N o. 807P lan N o. 807P lan N o. 807

LIC’s Jeevan Ankur (Plan no. 807)Features

• A must plan for all parents.

• Parent is the Life Assured, child is the

Beneficiary.

• Death Benefit = Sum Assured + Income Benefit +• Death Benefit = Sum Assured + Income Benefit +

Maturity Benefit *.

• Maturity Benefit = Sum Assured + Loyalty

addition .

* On death of the Life Assured, Basic Sum Assured shall be payab leimmediately followed by Income Benefit, in addition to this all Maturity Benefitswill be payable on the scheduled date of Maturity.

LIC’s Jeevan Ankur (Plan no. 807)Features

• Plan available for parents of a new born child

also.

• Three Riders to customize your policy.

– Accident Benefit Rider– Accident Benefit Rider

– Critical Illness Benefit Rider( With an

additional option of Premium Waiver Benefit)

• Conventional with profits plan.

LIC’s Jeevan Ankur (Plan no. 807)Eligibility conditions

Particulars Minimum Maximum

Entry Age Life Assured

(Parent)

18 years 50 years

Entry Age for child 0 years 17 years

Term Maximum (18

minus age of

child, 8) years

25 minus age

of child

Sum Assured Rs.100000/- No limit

LIC’s Jeevan Ankur (Plan no. 807)Eligibility conditions & Rebates

Particulars Conditions

Premium Payment mode Single Premium, yearly,

half-yearly, Quarterly, Monthly (ECS & SSS)

Other Conditions Sum Assured shall be in multiples of Rs. 5000/-

Mode rebate

Tabular Premium(TP)

Yly 2% TP

Hly 1% TP

Service Tax shall be payable by the policyholders on Single / Installment Premium as and when premiums are due.

LIC’s Jeevan Ankur (Plan no. 807)Eligibility conditions & Rebates

High Sum Assured Rebate

Mode SA in lacs ‰ SA

SingleUpto 1 . 95 Nil

2 to 4 .95 4.00‰SinglePremium

2 to 4 .95 4.00‰

>5 lacs 6.00‰

RegularPremium

Upto 1. 95 Nil

2 to 4 . 95 2.00‰

> 5 lacs 3.00‰

LIC’s Jeevan Ankur (Plan no. 807)Benefits

MATURITY BENEFIT

An Amount equal to Sum Assured plusLoyalty Additions, if any .

*****The Maturity Benefit is also paid tonominee along with Sum Assured andIncome Benefit payments in event ofDeath of the Life Assured .

LIC’s Jeevan Ankur (Plan no. 807)Benefits

Death Benefit :• Immediate payment of an amount equal to the Basic

Sum Assured.• Income Benefit - Income Benefit equal to 10% of the• Income Benefit - Income Benefit equal to 10% of the

Basic Sum Assured is payable on each Policyanniversary from the policy anniversary coincidingwith or next following the date of death, till the endof policy term to the nominee child.

• Another lump sum equal to Basic Sum Assured withLoyalty Addition, if any, on the maturity date

LIC’s Jeevan Ankur (Plan no. 807)Eligibility conditions – Critical Illness Rider


Entry Age 18 years 50 years

Policy Term Regular – 10 yearsSingle – 8 years

As per basic plan

Maturity Age 60 years

Critical Illness Rs.50000/- Maximum of 5 Critical IllnessSum Assured (CISA)

Rs.50000/- Maximum of 5 lakh overall limit under all existing policies and new proposals

Other Conditions CISA shall be in multiples of Rs.10000/-PWB option can be availed provided the BSA = CISA.

LIC’s Jeevan Ankur (Plan no. 807)Eligibility conditions – Accident Benefit Rider


Entry Age 18 years 50 years

Maturity Age As per Basic Plan 70 years

Accident Benefit Sum

Rs. 25000/- Rs.50 lakh overall limit, taking into account ABSA under all existing Benefit Sum

Assured (ABSA)

account ABSA under all existing policies, i.e. Individual,Group and new proposals. The policies may be from LIC or any other insurance company.

Other Conditions

•AB Premium shall be @ Re.0.50 ‰.•The ABSA shall be in multiples of Rs.5000/-.•This Benefit is available under Regular Premium policies only.

LIC’s Jeevan Ankur (Plan no. 807)Benefit Illustration

Particulars Description

Age 35 years

Term 25 years

Mode Yearly

Premium 3587/- ( Exclusive of Service Tax)

Sum Assured 100000

Maturity Value @ 6% 107500


Death Benefit 100000 payable immediately10000 on every policy anniversary after death till maturity.All Maturity Benefits payable on Maturity



Age 35 years

Term 10 years

Mode Yearly

Premium 9055/- ( Exclusive of Service Tax)Premium 9055/- ( Exclusive of Service Tax)

Sum Assured 100000



Death Benefit 100000 payable immediately10000 on every policy anniversary after death till maturityAll Maturity Benefits payable on Maturity



Age 35 years

Term 25 years

Mode Single


Sum Assured 100000




LIC’s Jeevan Ankur (Plan no. 807)Reasons to Buy……

Jeevan A nkurJeevan A nkurJeevan A nkurJeevan A nkur , , , ,

because it conveys the m ost im portant because it conveys the m ost im portant because it conveys the m ost im portant because it conveys the m ost im portant

m essage to your child m essage to your child m essage to your child m essage to your child –m essage to your child m essage to your child m essage to your child m essage to your child –

• That he/she is the prim e focus of your life.That he/she is the prim e focus of your life.That he/she is the prim e focus of your life.That he/she is the prim e focus of your life.

• That savings are im portant.That savings are im portant.That savings are im portant.That savings are im portant.

• That security is im portant.That security is im portant.That security is im portant.That security is im portant.


• Monetary Benefits of the plan shall enable your

child to meet important financial expenses

during his/her growing -up years.

• The immediate payment of amount equal to the • The immediate payment of amount equal to the

Sum Assured will help meet financial needs

that arise on demise of the Life Assured.

• Continued benefit of 10% of SA on every policy

anniversary till Maturity is helpful in meeting

educational expenses from time to time .


• Plus the Maturity Benefits of Basic Sum Assured and Loyalty Additions, if any shall be available on maturity irrespective of your survival.

• You can customize your plan through Accidental Benefit Rider and Critical Illness Rider as additional security is always an added advantage.

Lic jeevan ankur ppt - emotional atyachar

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