34years
 
Inusrance>>Polices & Features>>Komal Jeevan
 
 
 
 
   
 
LIC - Komal Jeevan
 
 
Product Summary    
     
Children's Money Back Plan
 
Provides financial protection against death during the term of the plan
 
Periodic payments on survival at specified durations
 
Only plan with a guaranteed addition of Rs.75 per thousand Sum Assured
 
Purchased for a child aged 0 to 10 years
 
Premiums are payable yearly, half-yearly, quarterly, monthly or through salary deductions  
Risk commences either after 2 years from the date of commencement of policy or from the policy anniversary immediately following the completion of 7 years of age of child, whichever is later.  
 
Benefits - On Survival
 
On the policy anniversary immediately following the Life assured attains the age of
% of Sum Assured
 
18 years
20%
 
20 years
20%
 
22 years
30%
 
24 years
30%
Benefits - On Death
 
Before commencement of risk
The policy shall stand cancelled and premiums paid under the policy will be refunded.
 
After commencement of risk
Full Sum Assured plus guaranteed additions but before the maturity date - together with loyalty additions, if any payable.
On Maturity

Guaranteed additions together with Loyalty Additions if any is payable in a lump sum.

 
 
 
 
     
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