LIC Jeevan Ankur is a child plan. Its conventional with profits plan, designed to meet the educational and other financial needs of your child. Jeevan Ankur is most suitable child plan for the parents of upto 17 years child. “LIC Jeevan Ankur” ensures that your responsibilities are met whether you survive or not and without depending on anyone else for financial assistance.

The policy will be on parents name however the child will be the nominee. The policy term will depend on the age of the child.

Death benefit:
Death during policy term: The nominee (your child) will get a basic sum assured and income benefit 10% of basic sum assured will be paid on every policy anniversary till the end of the policy term.

On death of child, Life Assured is alive: In this case, you will have the option to nominate another child and the policy will continue with the same benefit.

Maturity Benefit:
You will get the basic sum assured along with the loyalty additions if any.

Riders:
You have two riders to customize your Jeevan Ankur plan

1. Accident Benefit Rider
2. Critical Illness Rider

Eligibility conditions for Jeevan Ankur (Plan no.807)

Minimum Entry Age (Parents age): 18 years
Maximum Entry Age (Parents age): 50 years

Minimum Entry Age (Child age): 0 years
Maximum Entry Age (child age): 17 years

Minimum Term: 18 – Age of child or 8 years whichever is higher
Maximum Term:  25 – age of child

Minimum Sum Assured: 1 lakh
Max sum assured: No Limit

Premiums:
Premiums can be paid regularly at yearly, half yearly, quarterly or monthly (through ECS only). Alternatively, a single premium can also be paid.

Though LIC Jeevan Ankur is the child plan but policy holder will be the parents and not the child. This is the best plan for those who want to invest a lum sum in just one single premium instead of regular yearly premium. So why wait? Gift your child the special child insurance plan.

Advantages of LIC Premium Collection Center

• No lengthy Ques
• Every query / service at one place

Now you can deposit your LIC premiums through Life Insurance Corporation (LIC) premium collection centers at your nearest place.

These centers are opened to assist policy holders to pay the premium rapidly and easily. The LIC centers functions around the clock. Premium paid in these centers will be

brought by the agents to the LIC Office and paid. Thus the agents act as mobile bankers. Only a dedicated and successful lic agents are given permission to collect the

premiums on behalf of the LIC. Other than LIC Agents, you may also pay your LIC premiums to other Authorized Collection Center

Payment through Authorized Collection Center

You can pay LIC premium payment using one of the following authorized collection centers:

One Stop Shop -One stop shop is available 24×7 and it has more than 50000 collection centers around the country. You may locate the nearest center at

http://www.licindia.in/altpay/alch8002_files/oss-addresses.htm For any query or assistance dial 022 4238 4238/022 6684 6684 or visit nearest one stop collection center

Easy Bill Limited – You may pay LIC premiums at your nearest Easy Bill Ltd collection center. Locate the Easy Bill collection center in your area at

http://www.licindia.in/altpay/alch8002_files/EBP-Outlets.htm For any query or assistance for easy bill centers call 1800-11-75-75 (Toll free)

Suvidha Infoserv Pvt. Ltd. – This is an e-commerce agency and you can use this to pay your LIC premium. To locate the nearest collection center, visit

http://www.licindia.in/altpay/alch8002_files/suvidhaa-addresses.htm For any query or assistance call 180022 5225 (Toll free)

APOnline – Andhra Pradesh policy holders can use this government agency to pay their LIC premium. Find your nearest APOnline collection center, visit

http://www.licindia.in/altpay/alch8002_files/APOnlineFranchises.htm. For further information visit http://www.aponline.gov.in

MPOnline – Madhya Pradesh policy holders can pay LIC premium through this agency. To find the nearest MPOnline collection center, visit

http://www.licindia.in/altpay/alch8002_files/MPOnlineFranchises.htm. You can find further information at http://www.mponline.gov.in

You can pay the premiums by cash at any of the authorized collection center mentioned above. Premium for ULIP or SSS policies can not be paid using these collection center.

The authorized Collection center will issue a signed payment receipt. This will be treated as a valid receipt and LIC will not provide any other separate receipt.