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Today LIC has launched the most awaited plan for the children, a new Child Plan - 832, after a gap of 14 months. Following are the salient features of the plan: Non-linked, With profits, Regular Premium Payment Money Back Plan No.832 launching wef 4th March 2015. ELIGIBILITY CONDITIONS-             Minimum Entry Age= 0 yrs LBD (Last Birth Day);             Maximum Entry Age= 12 yrs LBD;             Policy term= 25 yrs minus entry age;             Maturity Age= 25 yrs;             Minimum Basic Sum Assured= Rs.1 Lac;             Maximum Basic Sum Assured= No Limit. DATE OF COMMENCEMENT OF RISK-             a) for age of LA below 8 yrs= 2 yrs after DOC;             b) for those aged 8 yrs & above= immediately. SURVIVAL B...

Hi Folks, LIC has launched mostly awaited Child Plan (#832) . And also a new Single Premium Plan - Jeevan Sangam (831) with 10 times risk cover. Follow the links provided for more details. Or also comment below your queries.

LIC has recently launched a new single premium, money back, 12 years fixed plan. It is available from Sep 1, 2014 to Nov 29, 2014(90 days only). This plan also has 10 times of premium of risk cover. Its returns are thrice to its premium (approximate). It can be compared with FD if needed, where it has more advantages over FD. Here is an illustration of the Jeevan shagun plan at age 30. This is a best plan for those who are looking to fill 50K tax slab (i.e., tax slab raised from1,00,000 to 1,50,000). So why delay? Interested in this policy or need more details? Please feel free to contact me :)