Which is the best LIC policy for baby girl?
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Which is the best LIC policy for baby girl?
The parent can pick the one that best suits their needs and requirements and the one they believe would be best for their child. A few LIC policies for the girl child in India are mentioned as follows: LIC Jeevan Tarun. LIC Jeevan Labh….Eligibility:
| PARAMETER | MINIMUM | MAXIMUM |
|---|---|---|
| Premium Paying Term | 10 years | 16 years |
Which policy is better for child?
Best Child Insurance Plans in India
| Child Plans | Entry Age | Minimum Sum assured |
|---|---|---|
| Max Life Shiksha Life Super | 21-50 years | Rs. 2.5 Lakh |
| MetLife College Plan (Child Education Plan) | 20-45 years | Rs. 2,12,040 |
| Pramerica Future Idols Gold | 18-50 years | Rs. 1.5 Lakh |
| Reliance Life Child Plan | 20-60 years | Equal to Policy |
Which one is the best policy in LIC?
Best LIC Plans List for 2022
| LIC Policies | Plan Type | Policy Term |
|---|---|---|
| LIC Jeevan Umang | Whole Life Insurance | 100 years minus(-) the age at entry |
| LIC Jeevan Amar | Term Assurance Plan | 10 years-40 years |
| LIC Money Back 25 years | Money Back Policy | 25 years |
| LIC New Jeevan Anand | Endowment Plan | 15 years-35 years |
Which is the best policy in LIC 2020?
Top 6 LIC Plans In India 2020
| LIC Plans | Type of Plan | Policy Term (in years) |
|---|---|---|
| LIC Tech Term Plan | Pure Term Insurance plan | 10 – 40 |
| LIC New Children’s money-back Plan | Traditional money-back Child Plan | 25 years – Age at Entry |
| LIC New Jeevan Anand | Endowment Plan | 15 – 35 |
| LIC Jeevan Umang | Whole Life + Endowment Plan | 100 – Age at Entr |
Which is the best investment for child?
1. Public Provident Fund (PPF) is a suitable investment option for conservative investors. It has a 15 year lock-in period which forces you to stay invested for the long term. PPF currently offers an interest rate of 7.1\% for the September to December 2021 quarter which is higher than bank FDs.
Is Jeevan Ankur a good policy?
LIC Jeevan Ankur scores well on the death benefit. The scheme has been structured to meet not only the immediate, but also regular financial needs of a child like education. A regular income of 10\% of sum assured is provided each year in the event of the death of the earning parent.
What is Jeevan Saral policy?
LIC Jeevan Saral is actually an endowment policy with a lot of flexibilities that is usually available only with unit linked insurance plans. Hence it is categorized under Special Plans. In this plan, the premium amount is decided by the policyholder and he gets 250 times the monthly premium as Sum Assured.