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