Jan 19th, 20121 Comment

LIC Jeevan Ankur is specially designed for the benefit of the children.LIC Jeevan Ankur is an excellent plan to meet the multiple financial needs that arise as kids grow up.Through payment of Income Benefit,LIC Jeevan Ankur assures that your child’s financial needs are met in case of your unfortunate demise.The Policy term of Jeevan Ankur is based on the age of the child (18 and 25) to ensure that the financial needs of your child are taken care of till he/she is old enough to start earning and settle in life.

Get a personalized presentation of LIC Jeevan Ankur by filling the form at the end


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.

Riders to customize Jeevan Ankur policy.

  • Accident Benefit Rider
  • Critical Illness Benefit Rider( With an additional option of Premium Waiver Benefit)
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

Get a personalized presentation of LIC Jeevan Ankur by filling the form at the end
Death Benefits in Jeevan Ankur Plan

•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, on the maturity date

Jeevan Ankur Eligibility conditions – Critical Illness Rider

Particulars Minimum Maximum
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.

Jeevan Ankur Eligibility conditions – Accident Benefit Rider

Particulars Minimum Maximum
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.

LIC Jeevan Ankur Benefit Illustration

Particulars Description
Age 35 years
Term 25 years
Mode Yearly
Premium 3587/- ( Exclusive of Service Tax)
Sum Assured 100000

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

Reasons to buy LIC Jeevan Ankur

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.

Plus the Maturity Benefits of  Basic Sum Assured  and Loyalty Additions, 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.

One Response to “LIC JEEVAN ANKUR”

  1. Ajay biswas says:

    please premium perticulers

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