LIC Child FUTURE Plan

LIC India Child CAREER plan Table 184 & Child FUTURE Plan Table 185
When it comes to your child career and future, you don’t want to take risk. Every parent want to give their child finest education and future. If you want to secure your child’s future then this is the best LIC plan for your child. LIC has two best Children’s Plans – LIC’s Child’s Career Plan and Child FUTURE Plan. Both child plans are available for age group of 0 to 12 years.

Features:
The unique features of the twin plans are commencement of risk from the age of 5 years of the child subject to deferment period of 2 years, auto risk cover in case of non-payment of premiums for 2 years and free risk cover equal to the sum assured during extended term of 7 years from the date of maturity.

Premium Waiver Benefit (PWB)
Premium Waiver Benefit rider, can be availed of which waives the payment of future premiums falling due in the event of unfortunate death of the proposer during premium paying term. Premium Waiver Benefit is also available during 2 years’ auto cover period.

Premium:
You can pay premium monthly, half yearly, or yearly.

Tax Benefit:
Tax benefit is available under section 80C of the Income Tax Act within the overall limit of Rs 1,00,000 per annum along with other investments allowed under the same section.

Child’s Future Plan
Under Child’s Future Plan (Table 185) first money back installment amounts to 25% of sum assured followed by 4 annual installments @ 10% of sum assured and 50% of sum assured + vested bonus, and terminal bonus, if any is payable on maturity. Thus total returns being 115% of the sum assured + vested bonus & terminal bonus, if any.

115% Survival benefit:
5 yrs before the expiry date of policy term: 25% of the SA
4 yrs before the expiry date of policy term: 10% of the SA
3 yrs before the expiry date of policy term: 10% of the SA
2 yrs before the expiry date of policy term: 10% of the SA
1 yrs before the expiry date of policy term: 10% of the SA
on the expiry date of policy term:

50% of the S.A + Vested simple reversionary bonus + final additional bonus (FAB, if any.

Eligibility condition for LIC Child future plan:

Min. age at entry:  0 year (lbd)
Max. age at entry:  12 years (lbd)
Min. S.A.: Rs. 1 lakh.
Max. SA.: Rs 1 crore.
SA in multiples: Rs. 5,000
Min. Maturity age: 23 years.
Max. Maturity age: 27 years.
Modes Allowed: Yly/Hly/Qly/SSS
Policy term: 11 to 27 years
Max. Age end of PPT: 70 years (nbd).
Premium paying Term: 6 years OR Term minus 5years.
PWB Prop. Age Min: 18 years completed.
PWB Prop. Age Max: 55 years (nbd).

FAQ:
Who can take this policy?
Ideally, child’s father can take this policy. Mother can also proper, if she has her own income. Grand parent can also propose, if child’s parent agree. Legal guardian can propose if both parents are not alive.

When the risk cover will start for my child?
If your child is 12 years old, risk cover will commence immediately.

If the age at entry is more  than 10 years but less than 12 years, the risk shall commence from the policy anniversary coinciding with or next following 12th birthday of the LA.

If age at entry is less than or equal to 10 years, the risk will commence either after 2 years from the DOC or from policy anniversary coinciding with or immediately following completion of 5 years age of LA, whichever is later.

How to Apply for LIC Of India’s Child future Plan?
Contact your nearest Life Insurance Corporation Of India (LIC of India) Branch/ LIC Agent. Or
Fill the Application form to apply online. (Mumbai only)

LIC Of India SMS Alert:

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Note:
The above is the product summary giving the key features of the plan. This is for illustrative purpose only. This does not represent a contract and for details please refer to your policy document.

77 thoughts on “LIC Child FUTURE Plan”

  1. my son 4 years old . I have done child career 1 lakh & child future 1 lakh . .want to know return after 16 years ,17 years ,18,19,20 ,21total
    sumanta Hazra
    chandernagar
    Hooghly

  2. Dilip jadhav (LIC Agent) BR- 893.mumbai santacruz office…..if you want any query for any LIC Plan…call me on 09987697580…Thanks… “Make People Happy”

  3. Hi ,

    My Daughter is 1.3 year old can you please suggest the suitable plan for her education & future….

    Mahesh

    1. Dear Mr. Mahesh , I think JEEVAN ANKUR from LIC is the BEST PLAN for your LUCKY CHILD its Guaranteed return money for your Child ,for more details Please call me on 9716618942 Delhi

  4. LIC’s ULTIMATE PLAN start with
    50Rs/day u will get after 20yrs
    11 LAC Rs.TAX FREE MATURITY
    LIC FREE CREDIT CARD & Free LIC Services.
    LIC policy can change ur life
    call for appointments Hurry up:

  5. send me full details for -LIC JEEVAN ANKUR, JEEVAN CHHAYA, LIC JEEVAN KISHOR, LIC CHILD CAREER PLAN, KOMAL JEEVAN Rs 25000 per year envestment………..

    1. Dear Subhesh Ji ,after read about all LIC JEEVAN ANKUR, JEEVAN CHHAYA, LIC JEEVAN KISHOR, LIC CHILD CAREER PLAN, KOMAL JEEVAN ,

      I think JEEVAN ANKUR from LIC is the BEST PLAN for your LUCKY CHILD its Guaranteed return money for your Child ,for more details Please call me on 9716618942 Delhi

  6. Dear Sir/ Madam,

    my son is 10 days. Suggest me suitable policy for her future with all terms and conditions.

    Thanks
    Amol
    +91 9890227413
    email=shilimkar.amol@gmail.com

  7. I HAVE ONE POLICY ULIP CHILD FOTUNE PLAN I WOULD LIKE TO CONVERT ANY CHILD PLAN , MY ULIP PLAN IS FOUR YEAR OLD PLAN PRIMUIM RS 10000 YEARLY PLS SUGGESON TO ME WHAT I DO ?

  8. my contact no.is 98884-71451 i am interested lic child plans example lic (jeevan ankur,jeevan chhaya,jeevan kishore & komal jeevan) please help me ////////////

  9. my brother is 10+ years. Suggest me suitable policy for his future with all terms and conditions.

    Thanks
    Jyoti Sharma

    1. Dear Jyoti, please mail me about other details for your need of LIC plan & have u any other sister or brother & what is the income of yours,
      I think JEEVAN ANKUR from LIC is the BEST PLAN for your brother its Guaranteed return money for your Child.

  10. Dear Sir/ Madam,

    my son is 20 days. Suggest me suitable policy for her future with all terms and conditions.

    Thanks
    Arun Kumar Adhikari
    +91-8439532761

  11. i desided to take child future plan….my child birthdate 9.4.2011
    .if i take Rs 3 lakh insurance .how much i have to pay premium per year ? please reply as soon as possible,
    thank u ,….
    hitesh patel
    (ANAND)

  12. Dear Sir,

    I have a 8 & half yrs child study in class IInd want to policy for him and can invest 10000~12000 per year for 10 yrs policy terms, because after 10 yrs policy amount will be help to him.

    So, suggest me best policy plan of my child.

    1. Dear Prakash , please take a SUPPER CHILD PLAN JEEVAN ANKUR from LIC is the BEST PLAN for your LUCKY CHILD its Guaranteed return money for your Child ,for more details Please call me on 9716618942 Delhi
      mail ID- mdubey2007@gmail.com

  13. My son is 1 year old please suggest me better and best policy for his future needs like education etc. and also the terms and condition of the policy.

    1. Dear Mukesh Ji , first i wish a very good future for your lucky child and a very very congratulation for a baby please take a SUPPER CHILD PLAN JEEVAN ANKUR from LIC is the BEST PLAN for your LUCKY CHILD its Guaranteed return money for your Child ,for more details Please call me on 9716618942 Delhi
      mail ID- mdubey2007@gmail.com

  14. My child is 0yr old,kindly suggest some good monthly or half yearly paln for him for his better and bright future…..Awaiting for your reply

    1. Dear Mital Ji , first i wish a very good future for your lucky child and a very very congratulation for a baby please take a SUPPER CHILD PLAN JEEVAN ANKUR from LIC is the BEST PLAN for your LUCKY CHILD its Guaranteed return money for your Child.

  15. Respected Sir,
    I want ask my father start one of LIC policy dt:-6/2/2009 but before three months my father was expired & sum assured Rs. 1 lakh . So please tell me how many amount pay from LIC to her nominee .

  16. Please let me know whether there is any policy or package for children by paying one time premium.

    I would like to gift to my grand daughter on her 1st birthday a deposit or policy which matures after 15 years.

    1. Sir Your thinking is great, you can take Jeevan ankur OR Jeevan Tarang for this child as a gift.

  17. My son is 1yr old,kindly suggest some good monthly or half yearly paln for him for his better and bright future…..Awaiting for your reply

    1. please take a SUPPER CHILD PLAN JEEVAN ANKUR from LIC is the BEST PLAN for your LUCKY CHILD its Guaranteed return money for your Child

  18. my child age 1-1/2 years on 18 april Suggest me suitable policy for
    her future with all terms and conditions. Thanx.

  19. i have two daughters 6ys & 4ys. have any plan single invest & double cover like jeevan sathi for two children per yearly 5000 emi?

  20. Dear Sir,
    I am from mumbai.
    I am going to insure for my baby in LIC Child future’s plan. He is now 1 yr old.

    1 Can i deposit Rs.2000 / month?
    2.My policy term is for 18 years.
    3. so can you please tell me after completion of 18 years , how much amount i will get?
    4. I am saving for my baby’s education n also for his future.

    Please do the needful support

  21. Hi
    Sir I have a policy under PWB plan for 5 yrs boy baby & policy No is 177567215. pliz tell me benifits of the policy for baby and is it a money back policy or simple.

  22. I have 2 daughter One is 6 yrs and other is 1 yrs

    please tell me which child plan should I take for both.

    My monthly income is around Rs.18000/-

  23. my monthely income 40000,
    i have a son 2year 3month old,
    i want child career plan,
    plz sujeest me,
    how can i do

  24. my child is 7 year old and i want to take an insurance policy which will be suited for my child in future.but i can invest rs.500 uptu 1000.so please you are coordially request to tell me the best policy for my child.reply must as soon as possible.

  25. Hi,
    My daughter is 1 year old. i want to go for policy for her.
    But i am little bit confusued whether i should go for Child future plan or LIC Jeevan Tarang for her. I liked both the policies but please suggest me which is more suitable for her secured future in many ways. My monthly income is 10,000/-
    Please reply me as early as possible so i should move for suggested policy.
    Kindly give me details of premium and returns of these policies
    so i shall move for the better one.

  26. hi this is vikas and my net income pa is 300000, plz suggest a plan which had great return in future time no bound…….reply me soon..

  27. Hi,
    I want to go for a policy on my sons name. planning to go for a Child Career Plan and Child Future Plan( Both 5 Lacs Each ).
    But , Neither myself nor my wife hav any policies. can we proceed further ???

    the agent is telling that if i go for a PWB , some PWB Sum Assured
    will b taken into consideration..
    How do u calculate this PWB sum Asssured???

    Kindly help me out..

  28. My son is 11 yrs old , which policy will be most suited as far as his career is concerned . please guide .
    Please provide details with monthly EMI . i am ready to invest around Rs 2000/ month .Policy should be for 12 yrs .
    Thanks

  29. Dear Sir,
    Gud evng., I am from Chennai.
    I am going to insure for my baby in LIC Child future’s plan. He is now 1 yr old.

    1 Can i deposit Rs.2000 / month?
    2.My policy term is for 18 years.
    3. so can you please tell me after completion of 18 years , how much amount i will get?
    4. I am saving for my baby’s education n also for his future.

    Please do the needful support

    Rohini G
    +91 8870482825
    Chennai

  30. sir i am taking 185 number plan(500000) of my baby jasmeet kaur age 2years. i am punjab govt teacher. my questions are: 1. in policy PWB facility hai ki seperate leni pendi hai. 2. what percentage of bonus in 23 age. 3. in monthly what is the premium of this plan.

  31. sir

    My father was having an lic policy Table 27 The convertible whole life policy which was in his name & after I reaches 18 yrs the policy is being transferred to my name. Is there any policy like the same

  32. Dear sir,
    my daughter is of 24days. Suggest me suitable policy for her future & security with all terms and conditions.

    Thanks,

    Regards,
    chandhru

  33. Sir, I have 3 children ie one is eight yrs old, 2nd is 6 yrs old & 3rd is 2yrs old. i have retair from army of my age is 38 which children policy eligible for me for my children.

    thank you sir ji

    maris/-

  34. please send me pdf copy of all LIC policy’s plan.
    i would like to study all first and want to apply for me and my child.

    please reply as soon as possible.

  35. my sun is 10 years. Suggest me suitable policy for her future with all terms and conditions.

    Thanks @Regards
    Vinod Pandey.
    Varanasi-221002

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