LIC New Children's Money Back Plan

Periodic payouts at key milestones to fund your child's education and dreams.

About this plan

() Page 1 of 15 INFORMATION TO BE PROVIDED IN LIC’s NEW CHILDREN’S MONEY BACK PLAN () (A Par, Non –Linked, Life, Individual Savings Plan) LIC's New Children’s Money Back Plan is a Par, Non-linked Life, Individual, Savings plan. This plan is specially designed to meet the educational, marriage and other needs of growing children through Survival

Key features

✓:  The plan provides for protection and savings.  Flexibility to - Choose the premium payment frequency as per convenience. - To defer Survival

Plan chart — eligibility

Minimum Age at entry

[0] years last birthday

Maximum Age at entry

[12] years (last birthday)

Minimum Maturity Age

[25] years (last birthday)

Maximum Maturity Age

[25] years (last birthday)

Minimum Premium Paying Term

Same As Policy Term

Maximum Premium Paying Term

Same As Policy Term

Minimum Policy Term

[25 – Age at entry] years

Maximum Policy Term

[25 – Age at entry] years

Minimum Basic Sum Assured

Rs. 200,000

Maximum Basic Sum Assured

No Limit (The Basic Sum Assured shall be in multiples of amounts specified below Basic Sum Assured Range Sum Assured multiple From Rs. 2,00,000/- to Rs. 4,50,000/- Rs. 5,000/-…

Figures are indicative and summarised from the official LIC brochure. Please refer to the PDF or contact us for exact, up-to-date terms.

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