LIC Jeevan Ankur Plan –Jeevan Ankur by LIC is an endowment plan with benefits for children. The plan’s nominee is the child, while the life insured is the parent. As a result, the child receives the coverage amount directly in the event of the insured’s death. The LIC Jeevan Ankur Plan is a profit-making traditional plan. The parent is the Life Insured in this child benefit endowment plan, and the child is the nominee. Even if one parent does not live to see the end of the policy’s term, this plan has been specifically designed to ensure that the benefits will be paid to the child for their lifetime. The premium for this plan must be paid until the policy ends. Regardless of whether the Life Insured is still alive, the Maturity Benefit would consist of the Sum Assured plus the loyalty additions.
Looking to invest in the future of lic? If so, you’ll want to take a look at LIC Jeevan Ankur Plan 2024. This comprehensive program provides you with access to a variety of innovative lic investments and services, all designed to help you build a brighter future for yourself and your loved ones. Whether you’re looking for property, financial advice, or anything else related to lic investing, LIC Jeevan Ankur Plan 2024 has got you covered. So what are you waiting for? Start investing today!
LIC Jeevan Ankur Plan 2024
LIC offers the Jeevan Ankur Child Benefit Endowment Plan. It’s standard to have a profit plan that has been carefully thought out to help you plan for your child’s future and education. Parents are still covered by Life Insurance under this plan, and their children are still the nominees. Even if parents do not survive to the end of the policy’s term, the plan ensures that children receive benefits for a better future. A profit-sharing plan is the Jeevan Ankur Plan. It is a one-of-a-kind plan that helps parents manage the educational and other needs of their children when they are unable to be there for them. There is a single premium option and a regular premium option for the plan. By paying an additional premium, policyholders can also select to add a critical illness or accident benefit rider.
LIC Jeevan Ankur plan 2024 has been announced by the government. This plan will provide insurance cover to all citizens of India up to Rs 5 lakh. This insurance will be mandatory and will be available in the form of an insurance policy. The policy will be available online and will be easy to purchase. The government has also announced a new scheme called LIC Jeevan Ankur Aajkal which will provide insurance cover for a period of 10 years to the farmers who are insured under LIC Jeevan Ankur plan 2024.
Details LIC Jeevan Ankur Plan 2024
| Name Of Article | LIC Jeevan Ankur Plan |
| LIC Jeevan Ankur Plan | Click Here |
| Category | Insurance |
| Official Website | Click Also |
Key Features of LIC Jeevan Ankur
LIC Jeevan Ankur is an insurance policy that offers comprehensive protection for your family. It comes with a range of benefits, including coverage for medical expenses, accidental death, accidental loss of income, and more. So if you’re looking for a policy that offers comprehensive protection, LIC Jeevan Ankur is the perfect option for you. Here are some of its key features.
- It is a loyalty additions-based endowment plan.
- The nominee, also known as the child, receives the Basic Sum Assured immediately upon the death of the Life Insured, also known as the parent, prior to the end of the policy term. In addition, the nominee receives an income benefit equal to 10% of the Sum Assured each year until the end of the policy term.
- No matter if the Life Insured is still alive, the nominee is entitled to the Maturity Benefit.
- Regardless of whether the Life Insured is still alive, this plan provides loyalty additions at maturity.
- Policyholders receive moderate and substantial Sum Assured rebates from the policy.
- This plan includes two additional riders.
Eligibility
- The base Total Guaranteed is Rs.100000
- There is no restriction on the most extreme Total Guaranteed
- The base Strategy Term is a Kid’s 18 years old or 8 years, whichever is higher.
- The most extreme Strategy Term is a Youngster’s 25 years old.
- The base Section Age is 18 years.
- The Most extreme Section Age is 50 years.
- The most extreme Age at Development is 75.
- There is no base breaking point on the Passage Age of a Youngster.
- The Most extreme Passage Age cutoff of Youngsters is 17 years.
- Single, Yearly, Half-Yearly, Quarterly, Month to month and SSS are the top notch installment modes accessible to the policyholders.
| Minimum age at entry for life assured | 18 years |
| Maximum age at entry for life assured | 50 years |
| Maximum maturity age for life assured | 75 years |
| Maximum age at entry for child | 17 years |
Benefits of LIC Jeevan Ankur
Do you know what LIC Jeevan Ankur is? If not, read on to learn all about this amazing scheme! LIC Jeevan Ankur is a government-backed insurance scheme that offers protection against life risks like health and property. It’s designed to help low-income families cover the costs of unexpected health expenses, and it’s one of the most popular insurance schemes in India. So if you’re looking for affordable insurance that offers a variety of benefits, LIC Jeevan Ankur is a good option to consider.
- Passing Advantage – Fundamental Aggregate Guaranteed alongside Pay benefit is paid out to the chosen one, in case of the end of the Existence Protected. In case of the passing of the candidate, for example the youngster, Life Guaranteed can name another chosen one and keep on getting similar advantages. In case of the end of the chosen one after the demise of Life Protected, the strategy go on with the very helps that are paid to the inheritor(s) of the Life Guaranteed.
- Guaranteed Development Advantage – The Guaranteed Development Advantages alongside Unwaveringness Increases, if any, are payable at the development of the arrangement, whether or not the Existence Protected is alive or not.
- Unwaveringness Increases – Steadfastness Augmentations are given, at the watchfulness of the back up plan, on the date of strategy development, whether or not the Existence Safeguarded is alive or not.
- Reliable Acquiescence Worth – The Dependable Acquiescence an incentive for Single Premium Arrangement is 90% of the premium paid in the event that the strategy has been effectively restored for one year or more. The Dependable Acquiescence Worth rejects any premium paid for the discretionary rider.
- Personal Tax cuts – Expenses settled up to Rs.1,00,000 are deductible from the available pay under segment 80C of the Annual Duty Act. Development benefits are likewise tax-exempt under segment 10 (10) D of the Annual Assessment Act.
Other Benefits
| Customer Care | In the event of questions with respect to the strategy, the policyholders can utilize the telephone helpline administration. A SMS administration is accessible for the individuals who wish to actually look at the status on their arrangements. |
| Range of policies | LIC has an extensive variety of extra security strategies which incorporate benefits plans, unit plans and unique plans. |
| Premium Payment | The choices accessible are ATMs, Bill pay, approved banks, the LIC site, certain franchisees and shippers. |
Plan Coverage
| Death Benefit | On the passing of the policyholder during the strategy term, the total guaranteed will be given as a single amount to the candidate. What’s more, on every approach commemoration, 10% of the fundamental aggregate guaranteed will be given to the chosen one till the finish of the strategy term. In the event of death of the youngster while the policyholder makes due, the policyholder can choose someone else who will get the passing advantage. |
| Maturity Benefit | Regardless of the endurance of the policyholder, a development benefit is payable toward the finish of the strategy term. |
| Loyalty Addition | Independent of the endurance of the policyholder, a steadfastness expansion might be payable to the policyholder on the date of development of the strategy. The qualification of this advantage relies upon the experience of the partnership. |
Riders
| Accidental Benefit | The greatest age up to which this advantage will be accessible is 70 years. |
| Critical Illness | On conclusion of a characterized basic disease, the basic sickness rider total guaranteed is payable by the insurance agency. The base basic sickness rider aggregate guaranteed is Rs.50,000 and the most extreme is Rs.5 lakh. Policyholders can choose an exceptional waiver benefit on the basic sickness rider. In such cases, the essential aggregate guaranteed ought to be equivalent to the basic ailment rider aggregate guaranteed. |
Exclusion
The LIC Jeevan Ankur Plan will be void in the event that the policyholder ends it all in the main year of the strategy term. The organization won’t acknowledge guarantee demands made under such conditions, but to a limit of 90% of a solitary premium paid in a solitary premium strategy.
Other Key Features
| Grace Period | For the installment of yearly and half-yearly expenses, an effortlessness time of 30 days will be given, inside which the policyholder is expected to make the installment. |
| Cooling-off period | The approach can be returned in the 15-day chilling period in the event that the policyholder isn’t happy with the particulars of the arrangement. |
Why you should buy the Jeevan Ankur from LIC?
If you’re looking for a car that is both stylish and affordable, the Jeevan Ankur from LIC may be the perfect option for you. Not only is this car stylish, but it also offers great value for your money. Plus, with LIC’s outstanding customer service, you can be sure that you’ll be in good hands should anything go wrong with your car. So why wait? Buy the Jeevan Ankur today!
LIC is one of the most believed extra security organizations with more than 2,048 branch workplaces all through the country. In the year 2016-2017, the organization tackled every one of the complaints, and settled an astounding 98.31% cases during that very year. They properly won 27 honors from different associations for the administrations delivered to individuals.
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