Best Plan for children's future

1. LIC’s Jeevan A nkur
Plan N o. 807

2. 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 +
Maturity Benefit *.
• Maturity Benefit = Sum Assured + Loyalty
addition.
* On death of the Life Assured, Basic Sum Assured shall be payable
immediately followed by Income Benefit, in addition to this all Maturity Benefits
will be payable on the scheduled date of Maturity.

3. 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
– Critical Illness Benefit Rider( With an
additional option of Premium Waiver Benefit)
• Conventional with profits plan.

4. LIC’s Jeevan Ankur (Plan no. 807)
Eligibility conditions
Particulars Minimum Maximum
Entry Age Life Assured 18 years 50 years
(Parent)
Entry Age for child 0 years 17 years
Term Maximum (18 25 minus age
minus age of of child
child, 8) years
Sum Assured Rs.100000/- No limit

5. 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 Yly 2% TP
(TP) Hly 1% TP
Service Tax shall be payable by the policyholders on Single /
Installment Premium as and when premiums are due.

6. LIC’s Jeevan Ankur (Plan no. 807)
Eligibility conditions & Rebates
High Sum Assured Rebate
Mode SA in lacs ‰ SA
Upto 1 . 95 Nil
Single 2 to 4 .95 4.00‰
Premium
>5 lacs 6.00‰
Upto 1. 95 Nil
Regular 2 to 4 . 95 2.00‰
Premium
> 5 lacs 3.00‰

7. LIC’s Jeevan Ankur (Plan no. 807)
Benefits
MATURITY BENEFIT
An Amount equal to Sum Assured plus
Loyalty Additions, if any.
*****
The Maturity Benefit is also paid to
nominee along with Sum Assured and
Income Benefit payments in event of
Death of the Life Assured.

8. 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
Basic Sum Assured is payable on each Policy
anniversary from the policy anniversary coinciding
with or next following the date of death, till the end
of policy term to the nominee child.
• Another lump sum equal to Basic Sum Assured with
Loyalty Addition, if any, on the maturity date

9. LIC’s Jeevan Ankur (Plan no. 807)
Eligibility conditions – Critical Illness Rider
Particulars Minimum Maximum
Entry Age 18 years 50 years
Policy Term Regular – 10 years As per basic plan
Single – 8 years
Maturity Age 60 years
Critical Illness Rs.50000/- Maximum of 5
Sum Assured (CISA) 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.

10. LIC’s Jeevan Ankur (Plan no. 807)
Eligibility conditions – Accident Benefit Rider
Particulars Minimum Maximum
Entry Age 18 years 50 years
Maturity Age As per Basic Plan 70 years
Accident Rs. 25000/- Rs.50 lakh overall limit, taking into
Benefit Sum account ABSA under all existing
policies, i.e. Individual,Group and
Assured new proposals. The policies may be
(ABSA) from LIC or any other insurance
company.
Other •AB Premium shall be @ Re.0.50 ‰.
Conditions •The ABSA shall be in multiples of Rs.5000/-.
•This Benefit is available under Regular Premium policies
only.

11. 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
Maturity Value @ 10% 194000
Death Benefit 100000 payable immediately
10000 on every policy anniversary after
death till maturity.
All Maturity Benefits payable on Maturity

12. LIC’s Jeevan Ankur (Plan no. 807)
Benefit Illustration
Particulars Description
Age 35 years
Term 10 years
Mode Yearly
Premium 9055/- ( Exclusive of Service Tax)
Sum Assured 100000
Maturity Value @ 6% 100000
Maturity Value @ 10% 120000
Death Benefit 100000 payable immediately
10000 on every policy anniversary after
death till maturity
All Maturity Benefits payable on Maturity

13. LIC’s Jeevan Ankur (Plan no. 807)
Benefit Illustration
Particulars Description
Age 35 years
Term 25 years
Mode Single
Premium 40900/- ( Exclusive of Service Tax)
Sum Assured 100000
Maturity Value @ 6% 109000
Maturity Value @ 10% 280000
Death Benefit 100000 payable immediately
10000 on every policy anniversary after
death till maturity
All Maturity Benefits payable on Maturity

14. LIC’s Jeevan Ankur (Plan no. 807)
Benefit Illustration
Particulars Description
Age 35 years
Term 25 years
Mode Single
Premium 62565/- ( Exclusive of Service Tax)
Sum Assured 100000
Maturity Value @ 6% 100000
Maturity Value @ 10% 136000
Death Benefit 100000 payable immediately
10000 on every policy anniversary after
death till maturity
All Maturity Benefits payable on Maturity

15. LIC’s Jeevan Ankur (Plan no. 807)
Reasons to Buy……
Jeevan A nkur ,
because it conveys the m ost im portant
m essage to your child –
• That he/she is the prim e focus of your life.
• That savings are im portant.
• That security is im portant.

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

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