• LIC's Jeevan Ankur is a conventional with profits plan, specially designed to meet the educational and other needs of your child
• If you are the parent of a child aged upto 17 years, then Jeevan Ankur is a best gift that you can give to your loved one. It is a unique insurance plan that promises to fund your child’s upbringing if God forbid, you are not there to take care of him
• In this plan your life risk is covered and your child is the beneficiary
• You can pay the premium in lumpsum or through regular payments
• On death of the parent during the term of the policy
  
  • Full sum assured is paid immediately
  • 10% of sum assured is paid every year till the end of policy term as income benefit
  • At the end of policy term once again full sum assured is paid along with Loyalty addition
• On survival at the end of the policy term, a maturity amount equal to Sum Assured + Loyalty addition is paid.
• Optional Add-on Riders available:
  
  • Accident & Permanent Disability Rider
  • Term Rider - to increase the Life Cover
  • Critical Illness Rider – Pays the sum assured under this rider on occurrence of any critical illness. Wide list of illnesses are covered.

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