General

Which is the best LIC policy for baby girl?

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
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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.

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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.