Its a complete Financial protection

1. For Child Future Provision

1. (Kanyadan,Marriage,Education)

1. Own Particular dream)

It is a combination of Saving and risk cover both.

Eligibility:

• Min & Max Age at entry   18 to 50 years lbd (Last BirthDay) 

• Age at maturity : 65 years.

• Policy Term  : 13 to 25 years.

• PPT (Policy Term – 3) years

• Premium Mode Yly, Hly, Qly , SSS and ECS.

• Mini Sum assured 100,000. No upper Limit.

• Riders DAB available upto 1 cror and Term rider

Age proof Only Standard age proof and NSAP I &  II acceptable.**

• Mode Rebate

•  Yly: 2% of TP,

• Hly: 1% of TP, 

• Qtly & monthly : NIL

• Date Backing  Allowed 

• Surrender & loan  Allowed after 3 yrs. 

• Female  All categories allowed as per LIC rules

Non Medical  allowed as per present rules.
NRI   Allowed for Both NRI and FNIO in V,VI & VIII   countries. 

Maturity :

SA+Bonus+FAB will be paid

Example     

Now see risk cover from this Plan with example

Now see risk cover from this Plan with example

Jeevan lakshya plan 833 returns if Policy Holders dies

1. Immediate 110% of Sum Assured

2. 10% of Sum Assured till policy end

3. Maturity Benefit also goes to family

4. Premium will stop

5. Tax Benefit

Suppose if Policy holder dies at 10 year after taking this policy,

Till 10th year He/She  paid premium =4.5 Lac (45000 yearly X 10 years)

• Immediate 11 lac (+ 10 lac if accidental death )

• 1 lac every yearly till 14th year = 14 lac

• Maturity 26.75 lac

Total 51.75 Lac tax free amount goes to family

Note : This is much suitable for young age group . even though it is not a child Plan but one may have for child Education and Daughter”s  marriage.

This Plan is also called  “KANYA DAN” policy .