Monday, May 25, 2009

*** LIC's - Komal Jeevan ( a Children's Money Back Plan)..........

LIC's - Komal Jeevan:

  • This is a Children's Money Back Plan that provides financial protection against death during the term of plan with periodic payments on survival at specified durations.
  • This plan can be purchased by any of the parent or grand parent for a child aged 0 to 10 years.

Premiums:

  • Premiums are payable yearly, half-yearly, quarterly, monthly or through Salary deductions, as opted by you, up to the policy anniversary immediately after the life assured (child) attains 18 years of age or till the earlier death of the life assured. Alternatively, the premium may be paid in one lump sum (Single premium).

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