Jeevan Anurag:

Children are precious to parents but from the day they are born till they are grown up and married, it means expense for the parents.  Parents today have realized this fact and have provided well in advance for their child’s expense like schooling, training, marriage etc.

An nsurance plan like the LIC’s Jeevan Anurag will keep you at ease and your child satisfied.

Jeevan Anurag is a specially designed and affordable plan which helps you to take care of the financial side of your child’s education.

You will receive benefits like
Payments of the assured sume will be immediately paid to the beneficiary of the insured person after his/her death before the full term of the polikcy.

The Assured Benefit offers twenty percent of the basic sum assured for the last three years of your policy term before it matures.  At maturity you will receive forty percent of the basic sum assured as well as the additional bonuses are added to your account from time to time as well as the terminal bonus.

The death benefit in this plan offers on the death of the life insured, that a sum equal to the sum assured is given at once to the nominee.  This plan offers a grace period for paying the premium.

You are permitted to take loans from the policy.  The policy holders have the right to fix the interest that you have to pay and the other terms and conditions also will be laid out by them.

There are many optional riders which you can opt for while buying the policy.  They will help you during your time of crisis.  They are the Accidental Death and Disability Benefit, Term Assurance Rider Benefit, and Critical Illness Rider Benefit.  You will get more compensation from the policy if you have opted for any of these riders.

LIC’s Jeevan Anurag is a policy designed not only to secure your child’s educational and careers aspirations but they also provide your child with a financially secure future.  So if you wish to provide your child with a comfortable life, this is the best plan for you.