LIC Komal Jeevan

LIC Komal Jeevan Children Money Back Plan Plan No 159. Closed For Sale

  Term Age Sum Assured
Minimum 16 0 100000
Maximum 26 10 2500000

Premium Ceasing Age : 18 Premium Ceasing Term : 0

Guaranteed Addition of Rs. 75.00 per 1000

Plan Highlights
LIC’s Komal Jeevan Plan allows payment of premium ceasing on policy anniversary immediately after the child attains 18 years of age. The plan, besides offering risk cover, also offers payment of sum assured in instalments at age 18, 20, 22, 24 as also guaranteed and loyalty additions, if any, at the age of 26. (Children Child Kids Baby Boy Girl Money Back Type Insurance Plan Policy by LIC of India.)
Special Features
• In most cases, father would be the proposer under the plan. But, if the mother of the child has income of her own i.e. female category I and II she can also propose under the plan. If both parents are not alive, then the legal guardian can propose under the plan.
• Risk under this plan will commence either after 2 years from the date commencement of the policy or from the policy anniversary immediately following the completion of 7 years of age, whichever is later.
• No medical examination of the life assured is required.
• Policy shall automatically vest in the life assured on the policy anniversary immediately after the life assured attains majority.
Survival Benefits:

The Sum Assured under this plan will be paid in installments at periodic intervals provided the policy is in force for full sum assured as under:
• 20% of the Sum Assured on the policy anniversary immediately after the life assur attains the age of 18 years.
• 20% of the Sum Assured on the policy anniversary immediately after the life assur attains the age of 20 years.
• 30% of the Sum Assured on the policy anniversary immediately after the life assur attains the age of 22 years.
• 30% of the Sum Assured on the policy anniversary immediately after the life assur attains the age of 24 years.
Guaranteed Additions:
Guaranteed Addition of Rs 75 per thousand is payable per annum at the age of 26 at the end of each policy year. This will be added to the policy provided the policy is in full force.
Loyalty Addition:
Loyalty Additions will also be payable on maturity or on death after the commencment of the risk under the policy based on the rates declared from time to time , depending on the experience of the Corporation in LIC Komal Jeevan Plan/ Children Plans.
Premium Waiver Benefit:
Premium waiver benefit can be availed by the proposer under this plan for which additional premium will be payable. Lives up to the age of 50 (nearer birthday) are eligible, subject to normal underwriting requirements.
Term Rider Benefit:
Term Rider Benefit can be availed by the proposer to the extent of 20% of the basic Sum Assured under the policy not exceeding Rs.100000/-. The benefit will be payable in case the proposer dies before the policy anniversary on which the child completes 18 years. Lives up to the age of 50(nearer birthday)are eligible for this benefit subject to normal underwriting requirements
Death Benefits:
In the event of unfortunate death during the term, after the commencement of risk but before policy matures, the sum assured together with guaranteed additions is payable without any deduction or adjustment for the amount that may have been paid earlier by way of instalment benefits.
Accident Benefit:
This Plan will not be eligible for accident or permanent disability benefits.

To view Examples/ Illustrations on LIC’s Komal Jeevan Presentation Click here.

LIC of India  Jeevan Kishore   Jeevan Chhaya   Child Career Plan   Child Future Plan Child Plans

Contact us for free quotes on LIC’s Insurance for Kids Child Komal Jeevan Children Life Insurance policy. Our LIC of India’s Authorised Agent/ Insurance Advisor/Consultant will Contact you within 24 hrs.


  • By R.D.Banskar, March 17, 2010 @ 8:41 pm

    indore 2ok i want to take this policy for my two yrs child.

  • By Arun, January 21, 2011 @ 3:49 pm

    If I am planning to pay 1 lac as a single premium for my 2 months old baby. can you illustrate with an ex. Tenure can be 20yrs.

  • By rupali, January 21, 2011 @ 5:19 pm

    premium calculator required

  • By MOHAMMED RIZWAN, December 8, 2011 @ 9:38 pm

    Hai am looking to Invest 1 lakh One time investment for maturity of 18 years.

  • By Prashant, January 23, 2012 @ 4:14 pm

    Please suggest one time investment plan for my son, 8 years old, I want to invest 250000.00 Rs, Kindly provide the assured amount on maturity.

  • By Naresh, January 25, 2012 @ 2:29 pm


    If I would pay Rs. 50000 regular premium every year till 18 for my child then what would be the amount I am going to get at 18,20,22,24 and 26 (GR + LA)


  • By vikram singh, April 21, 2012 @ 10:39 pm

    i want to take dis policy for my 20days old baby child

  • By Avadhut Koparde, April 24, 2012 @ 2:00 pm

    I want to invest 1-2 lakh rs with single premium mode for my less than 2 months old baby. I am expecting the term of policy should be 16-18 years from baby’s carrier point of view. Can you please suggest me any plan for single term investment. You also can reply on my email id with calculated returns.

  • By admin, April 25, 2012 @ 10:44 am

    Komal Jeevan having also single premium with guaranteed bonus. This plan is best suitable for your baby.

  • By sahil garg, March 4, 2013 @ 9:47 pm

    investment amount-50000,city name-ahmedgarh,mob-9888055777,d.o.b-11/02/2013

  • By Rahul, June 17, 2013 @ 2:06 pm

    hie… I want to take policy for my 2 months baby.
    The tenure should be 20 years. Can u please tell me which plan will gives me the higher returns…after 20 yrs..

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