LIC Amritbaal Plan
LIC Amritbaal is a Non-Linked, Non-Participating Child Savings Plan specially designed to build a guaranteed financial corpus for your child's higher education and future milestones.
5.0 / 5.0
Plan Rating
Education Planning
Build a guaranteed corpus for your child's higher education.
Guaranteed Additions
Guaranteed additions throughout the policy term.
Child Protection
Financial protection with guaranteed maturity benefits.
Tax Benefits
Tax benefits as per applicable Income Tax laws.
Key Features
- Non-Linked Child Savings Plan.
- Non-Participating with Guaranteed Benefits.
- Guaranteed Additions throughout the policy term.
- Single Premium and Limited Premium options.
- Premium Waiver Benefit Rider available.
- Loan Facility Available.
Eligibility
| Entry Age | 30 Days to 13 Years |
|---|---|
| Age at Maturity | 18 to 25 Years |
| Premium Payment | Single Premium or Limited Premium |
| Minimum Basic Sum Assured | โน2,00,000 |
Benefits
Maturity Benefit
On maturity, the Basic Sum Assured together with accrued Guaranteed Additions is payable.
Death Benefit
In case of the child's death during the policy term, the applicable death benefit is payable according to the selected option.
Calculate Your Premium & Maturity
Use our free LIC Amritbaal Premium Calculator and Maturity Calculator to estimate your policy benefits.
Premium Calculator Maturity Calculator Get Free Consultation