Lic’s plan no. 832 new children money plan

Lic’s Plan No. 832 New Children Money Plan

HARI SOMAIYA PRODUCTION

PRESENTS

YOUTUBE/HARI SOMAIYA MO. 9909123670

AGE ENTRY

• Min age at entry: 0 yrs

• Max age at entry: 12 yrs


Term

• 25-age at entry


Premium Term

• 18 YEARS


Sum Assured

• Min. SA 1 lacs..

• Max. No limit..


Maturity Benefit

• Child Age At 18 = 20% of SA

• At 20 = 20% of SA

• At 22 = 20% of SA

• At 25 = 40% of SA + Bonus+ Final Additional Bonus.

• BONUS declared by corporation


PWB

• Proposer's age Min : 18 ,

• Max : 55 Plan


Mode

• Yearly

• Half Yearly

• Quaterly

• Ecs

• Monthly


Mode rebate

• Yly 2%

• Hly 1% rebate


SA rebate

• upto 1.90 L = Nil

• 2 to 4.90 L = Rs 2/-

• 5 L & above = Rs 3/-


Risk Cover

• Commencement of risk from 8 years


Loan

• After 3 year of policy


Proposal form

• Proposal form as routine.. 360/342/302


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Lic’s plan no. 832 new children money plan