Jeevan ANURAG - Child Protection Plans

  • LICs Jeevan ANURAG is a with profits plan specifically designed to take care of the educational needs of children
  • The plan can be taken by a parent on his or her own life. Benefits under the plan are payable at pre-specified dates irrespective of whether the Life Assured survives to the end of the policy term or dies during the term of the policy
  • Payment of 20% of the Sum Assured is guaranteed at the start of every year during last 3 policy years before maturity
  • At maturity, 40% of the Sum Assured along with vested bonuses for the full term and the Terminal bonus (as applicable) shall be payable
  • If the policy holder dies during the term of the policy then full sum assured is paid to the nominee and future premiums are waived
  • Bonus continues to vest even during the premium waiver period
  • Flexible terms available to align with your financial objectives
  • Optional Add-on Riders available:
    • Accident & Permanent Disability Rider
    • Term Rider - to increase the Life Cover
    • Critical Illness Rider Pays the sum assured under this rider on occurrence of any critical illness. Wide list of illnesses are covered

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