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LIC Jeevan Lakshya
Child Future

LIC Jeevan Lakshya

Guaranteed savings and protection plan designed to secure your child's education and future milestones.

Why LIC Jeevan Lakshya?
Why Child Future

Why LIC Jeevan Lakshya?

LIC’s Jeevan Lakshya is a participating non-linked plan that offers a combination of protection and savings. It is particularly designed for child education and marriage funding because of its unique Premium Waiver Benefit.

LIC's Jeevan Lakshya is a participating non-linked plan that offers a combination of protection and savings. It is particularly designed for child education and marriage funding because of its unique Premium Waiver Benefit.

Annual Income Benefit — Pays 10% of Sum Assured every year to the child in case of parent's demise before maturity.
Maturity Sum Assured — Full Maturity (110% of Sum Assured + Bonuses) is paid at the end of the term even if the parent passes away.
Premium Waiver — All future premiums are completely waived off by LIC if the parent passes away.
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Jeevan Lakshya Calculator

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35
Rs. 5,00,000

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Recommendation
Rs. 50.0 Lakhs
Long-term savings with life cover
Plan Jeevan Labh
Monthly Premium Rs. 4,000/month
Family 4 members
Age 35 years
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Premium Guide

Sample Premium Estimates

Plan Option Sum Assured Policy Term Approx. Premium Benefits
Basic Cover Rs. 5,00,000 21 Years (Pay 18) Rs. 2,100 / month Approx. Rs. 10.5 Lakhs on Maturity
Standard Cover Rs. 10,00,000 25 Years (Pay 22) Rs. 3,800 / month Approx. Rs. 26.5 Lakhs on Maturity
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