Jeevan Ankur is specially designed for the benefit of the children. Your child is totally dependent on you during his/her growing up years. Jeevan Ankur is an excellent plan to meet the multiple financial needs that arise as kids grow up. Through payment of Income Benefit, Jeevan Ankur assures that your child’s financial needs are met in case of your unfortunate demise. The Policy term is based on the age of the child (18 and 25) to ensure that the financial needs of your child are taken care of till she is old enough to start earning and settle in life. Because you can enjoy peace of mind that comes with the insurance cover and the certainty that all the benefits under the plan belong to your child. Also because your child will emulate your saving habit; an important lesson you can impart to your child at an early age.
Riders under the plan Jeevan Ankur
The Riders available under the Jeevan Ankur plan are:
· Accidental Benefit Rider
· Critical Illness Benefit Rider ( with an additional option of Premium Waiver Benefit)
· Accidental Benefit Rider
· Critical Illness Benefit Rider ( with an additional option of Premium Waiver Benefit)
Jeevan Ankur premium required
The amount of premium shall be calculated on the basis of age of the Life Assured, the Sum Assured desired under the plan and as per the underwriting decision. On the calculated amount of premium, Service Tax will be applicable as per Sevice Tax Laws.
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