LIC Children’s Defered Endowment Assurance (CDA) -Table number 41 & 50

LIC Child Plan

General Conditions:

Min. age at entry:  0 years.

Max. age at entry:  17/14  years.

Min. Maturity Age : 30/25 years

Max.Maturity Age : 60 years

Min.Term (41/50) : 13/11 years

Max.Term: 50 years

Min S.A. :  50,000.

Max S.A : 1 crore.

Ml

Accident benefit per 1000 SA: Re. 1 extra.

Requirements in writing:

Age proof:   Standard (NSAP-1/2/3)

Form Number:  300/340

Female lives category: I/II/III

Dating Back @ 8%: Allowed

Non-Medical General:   Allowed

Non-Medical Professional:  Allowed

Non-Medical Special:  Allowed

Risk Coverage:  SA + Bonus

Actual Sum Assured: Basic SA

Policy Servicing:

Term Rider Option: Yes.

Critical Illness Rider: Yes.

Policy Loan @9%: Yes.

Assignment: Yes.

Revival: Yes.

Surrender of Policy: Yes.

Survival Benefits: Yes.

Housing Load: Yes

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