LIC's Child Career Plan (Plan No. 184, UIN : 512N241V01)
Date of Withdrawal : 01.01.2014
This plan is specially designed to meet the increasing educational and other needs of growing children. It provides the risk cover on the life of child not only during the policy term but also during the extended term (i.e. 7 years after the expiry of policy term). A number of Survival benefits are payable on surviving by the life assured to the end of the specified durations.
You may choose Sum Assured (S.A.), Maturity Age, Policy Term, Mode of Premium payment and Premium Waiver Benefit.
Payment of Premiums:
You may pay the premiums regularly at yearly, half-yearly, quarterly or through Salary deductions over the term of policy. Premiums may be paid either for 6 years or upto 5 years before the policy term.
Sample Premium Rates:
Following are some of the sample premium rates per Rs. 1000/- S.A.:
|For 6 years Premium paying term
Mode and High S.A. Rebates:
||2% of Tabular Premium
||1% of the tabular premium
|Quarterly & Salary deduction
Sum Assured Rebate:
|1,00,000 to 2,99,999
|3,00,000 to 4,99,999
||1.5 %o S.A.
|5,00,000 and above
||2 %o S.A.