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Mr.Pradeep Diwan
LIC Agent
7C / 8C, Parekh Nagar Indl. Estate,
S. V. Road, Kandivli (West), Mumbai -
400067
Maharashtra, India.
Tel: 28050377/
28055576
Fax: 28056748
Cell: 9324422924
pradeep@licinsurance.com |
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JEEVAN
KISHORE
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Children
between ages 1 and 12 years are eligible
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Parents
can propose the child’s life
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The
Plan is basically endowment type.i.e.Sum assured
is payable either on survival to the term
or on death happening within the term
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For
children aged 1 to 4 years, risk commences
from policy anniversary after attaining age
7 years
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For
children aged 5 to 10 years, risk commences
from second policy anniversary from the date
of commencement of policy
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For
children aged 11 years, risk commences from
first policy anniversary from the date of
commencement of policy
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On
death of child during waiting period all premiums
are refunded
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In
case, the proposer i.e. the parent happens
to die during the deferment period, the policy
has to be continued by regular payment of
premiums. (However, by payment of an additional
premium, the proposer can secure a waiver
of premiums i.e. premium need not be paid
on proposer's death till date of vesting)
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Once
the risk is commenced, Sum Assured is payable
on survival to term or on earlier death of
life assured i.e. the child
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Minimum
Term : 15 years
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Maximum
Term: 35 years
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Minimum
Sum Assured : Rs.30,000
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Maximum
Sum Assured :
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For child aged below 10 years: Rs.5,00,000
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For child aged 11 years: Rs.10,00,000
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Minimum
premium must be Rs.800 per annum
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Minimum
maturity age: 20 years
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Maximum
maturity age: 45 years
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For
children aged 1 to 4 years, certified extracts
from Municipal records or horoscope or Baptism
certificates, will be accepted as age proof
if submitted along with a declaration signed
by both the parents
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For
children aged 5 to 11 years, certified extracts
from school records will have to submitted
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