LIC's New Children Money Back Plan (Plan No 832) is a new plan by LIC which helps to save for your child's education or wedding or any other expenditure when they are growing.
Suitable for children aged 0 to 12 years
Policy term is for 25 years
Premium payment term will be 25 - present age of child.
20% of basic sum assured will be given on 18th, 20th and 22nd year. Remaining at maturity along with bonus.
Premium payment mode can be Yearly, Half yearly, Quaterly or Monthly.
Loan can be availed after policy has acquired surrender value.
To know more about this LIC plan
Call or Whatsapp your LIC agent on
Email - firstname.lastname@example.org