Children’s Carrier Protection
Amritbaal (774)
I recommend LIC’s Amritbaal because it helps parents create a secure financial foundation for their child’s future. It is especially useful when saving for milestones like education or marriage, while also ensuring protection if the unexpected happens.
Its key features include:
• Guaranteed Additions: Grow your savings with assured additions, creating a dependable corpus for your child’s future.
• Life Protection: Keep your child’s future secure with life cover that supports your family even in your absence.
• Flexible Premium Options: Choose from single or limited premium payments, making it convenient to match your financial planning.
Jeevan Tarun(734)
As a parent, you want to balance protection with future planning. That is why I recommend LIC’s Jeevan Tarun. It helps you create a dedicated fund for your child while ensuring life cover throughout the policy term.
The key benefits are:
• Comprehensive Savings and Life Protection: Offers financial growth through bonuses and life coverage during the policy term, ensuring your child’s future is secure while supporting long-term goals.
• Participation in Profits: Benefit from LIC’s profits with Simple Reversionary Bonuses while your policy is active, and potentially receive a Final Additional Bonus at maturity or in case of a claim.
• Maturity Benefit: A guaranteed lump sum at age 25, comprising the chosen Sum Assured on Maturity and accumulated bonuses, to help you fund key milestones such as education, marriage, or other significant aspirations.
New Children's Moneyback (732)
If you’re looking for a way to balance your child’s everyday needs with their future dreams, I recommend the LIC’s New Children’s Money Back Plan. It supports you with timely payouts, helps you save for long-term goals, and ensures protection throughout.
Here’s what you get:
• Protection and Savings: Offers a combination of financial protection and long-term savings to meet various life goals.
• High Sum Assured Rebate: Enjoy attractive rebates for higher sum assured options, maximizing the value of your plan.
• Flexible Choices: Provides the flexibility to choose premium payment frequency, defer Survival Benefits, or opt for Death/Maturity Benefits in installments, ensuring convenience and adaptability to your needs.
• Liquidity Support: Facilitates easy access to funds through the loan facility, ensuring financial support when needed.
Bima Shree (748)
Whether it’s creating wealth for the future, planning bigger financial goals, or securing your loved ones, I recommend LIC’s Bima Shree. It offers guaranteed protection with attractive returns, helping you stay worry-free while building a strong financial foundation.
• Dual Benefit of Security and Savings: Get the assurance of life cover along with the advantage of long-term wealth creation under one plan.
• Assured Maturity Benefit: Receive the Basic Sum Assured plus guaranteed additions and bonuses as a lump sum or in installments at maturity.
• Comprehensive Death Benefit: In case of an unfortunate event, your nominee can choose to take the death benefit as a lump sum or in installments, ensuring their financial stability.
• Guaranteed Additions & Bonuses: Enjoy fixed guaranteed additions in the early years and reversionary bonuses thereafter, giving your money consistent and growing value.