Draft Jeevan Ankur

Plan No.
807
LICs 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.
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.
Eligibility conditions
Mode rebate Tabular Premium
(TP)
Yly 2% TP Hly 1% TP

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
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.
Eligibility conditions & Rebates
Mode rebate Tabular Premium
(TP)
Yly 2% TP Hly 1% TP

High Sum Assured Rebate
Mode
SA in lacs SA
Single
Premium
Upto 1 . 95 Nil
2 to 4 .95 4.00
>5 lacs 6.00
Regular
Premium
Upto 1. 95 Nil
2 to 4 . 95 2.00
> 5 lacs 3.00
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.
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
Eligibility conditions Critical Illness Rider
Entry Age 18 years 50 years
Policy Term Regular 10 years
Single 8 years
As per basic plan
Maturity Age 60 years
Critical Illness
Sum 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.
Eligibility conditions Accident Benefit Rider
Entry Age
18 years 50 years
Maturity Age
As per Basic Plan 70 years
Accident
Benefit Sum
Assured
(ABSA)
Rs. 25000/- Rs.50 lakh overall limit, taking into
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.
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 immediately
10000 on every policy anniversary after
death till maturity.
All Maturity Benefits payable on Maturity
Age 35 years
Term 10 years
Mode Yearly
Sum Assured 100000
death till maturity
Age 35 years
Term 25 years
Mode Single
Sum Assured 100000
death till maturity
Age 35 years
Term 25 years
Mode Single
Sum Assured 100000
death till maturity
Reasons to Buy
Jeevan Ankur ,
because it conveys the most important
message to your child
That he/she is the prime focus of your life.
That savings are important.
That security is important.
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.
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.

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