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LIC Amritbaal

Child Plans
Learn about

LIC Amritbaal

LIC's Amritbaal is a Non-Linked, Non-Participating, Individual, Savings, Life Insurance plan. The plan is specifically designed to have an adequate corpus to meet the higher education and other needs of your child. It facilitates accumulation of corpus through Guaranteed Addition.

This is a non-participating product under which benefits payable on death or survival are guaranteed and fixed irrespective of actual experience. Hence the policy is not entitled to any discretionary benefits like bonus etc. or share in Surplus.

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Key Features of LIC Amritbaal

Financial Protection

Guaranteed Addition

Accident

Flexible Premium Options

Roadside Assistance

Variable Maturity Age

Roadside Assistance

Rider

Roadside Assistance

Loan Facility

Roadside Assistance

High Sum Assured Rebate

Highlights of LIC Amritbaal

Minimum Entry Age 0 years (30 days completed)
Maximum Entry Age 13 years (last birthday)
Minimum Age at maturity 18 years (last birthday)
Maximum Age at maturity 25 years (last birthday)
Minimum Policy Term
  • Limited Premium Payment: 10years
  • Single Premium Payment: 5years
Maximum Policy Term
  • Limited Premium Payment: 25 years
  • Single Premium Payment: 25 years
Sum Assured Min - ₹ 2,00,000/- | Max - No Limit

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