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Child Future Plan
All of us wish to ensure the best possible future for our children. With the cost of education sky rocketing, it is all the more important that an early provision is made to ensure that your loved ones get a good head start in life. LIC’s Child Fortune Plus is a total solution to their education and other needs. The plan is a unit linked one offering the prospects of long term capital appreciation.
On Maturity:
  The maturity benefit will be payable on the earlier of; either the child attaining 25 years of age or the life assured attaining 75 years. On the date of maturity, an amount equal to the poLICy holder`s fund value is payable.
On Death:
  In the unfortunate event of death of the poLICy holder, the nominee child will be paid the Sum Assured under the poLICy. Further all future premiums will be waived and units equivalent thereof shall be credited to the poLICy fund account at the appLICable unit price.
  Am I eligible?
  A parent, with a child aged 17 years or less can go in for Child Fortune Plus. The poLICy will cover the life of the parent.
  Choice of Investment Options:
  The plan offers a choice of four investment options: Bond Fund, Secured Fund, Balanced Fund, and Growth Fund; each tailored to different levels of risk and return.
  Partial Withdrawal/Surrender:
  A PoLICyholder can partially withdraw the units at any time after the third poLICy anniversary subject to certain conditions. There will be no bid offer spread i.e. the sale and purchase price of units will be the same. The NAV shall be declared on day to day basis.
  Premium Payment options:
  The poLICy can be taken under the lumpsum option or the regular premium option. ECS payment is also available.
Source -Life Insurance India, LICindia.
  If life insurance buying is approached in the proper manner it can be very beneficial to yourself and your family

Document: P. Photo, Age proof Xerox, Address proof Xerox, ID card Xerox, Last Graduation Xerox,
Payment: Payable to LIC of India A/c pays cheque. Or D.D or Cash.
Deciding the best option for your option. Compare various LIC Life insurance & Investment Plans on Cost & coverage Life Insurance Agents in Chennai Apply for LIFE INSURANCE

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Please CONTACT 9941186071 (Anywhere in Chennai)
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