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LIC - Child Fortune Plus

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Ashfaque Kazi

The document introduces the LIC's Child Fortune Plus plan, a unique unit-linked insurance plan that helps parents plan for their child's future educational and living expenses. The plan allows parents to choose a premium payment term and invest accordingly. It offers partial withdrawals from the fund after 3 years to pay for education costs. In the event of the parent's death, the plan pays out the sum assured immediately, waives remaining premiums, and credits additional units equal to future premiums to the fund ledger, allowing the policy to continue providing benefits.

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As a parent you want the best for your child. You would go to any lengths to take care of there requirements even at the cost of your own. There requirements are spread over a long period of time and therefore need to be planned well in advance. With rising inflation and a higher cost of living, you need to go that extra mile to ensure that there dreams are realized comfortably. LIC's Child Fortune Plus is a unique Unit Linked Insurance Plan that offers you the most innovative solution to meet the educational and upbringing expenses of your child with relative ease, even in case you aren't around. How will the LIC's Child Fortune Plan work for you? ¤ You can choose the premium paying term and invest in accordance with the amount of money you require for your child's future. ¤ During the term of the policy you can also do partial withdrawals from your fund account (after 3 years) to meet the financial needs of your child's education. ¤ In the unfortunate event of your untimely death, this policy will help your child in the following manner: 1. Sum Assured will be paid immediately. 2. Balance premiums will be waived off. 3. Additional units worth the sum of all future premiums (including any outstanding premiums) will be immediately credited into your fund ledger. 4. The policy will continue with partial withdrawals, Surrender and Maturity benefits available To Schedule Your Get Aquainted Meet And Personalised Advise PLEASE CALL TODAY 9967686833/9322417806

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LIC - Child Fortune Plus

  • 1. As a parent you want the best for your child. You would go to any lengths to take care of there requirements even at the cost of your own. There requirements are spread over a long period of time and therefore need to be planned well in advance. With rising inflation and a higher cost of living, you need to go that extra mile to ensure that there dreams are realized comfortably. LIC's Child Fortune Plus is a unique Unit Linked Insurance Plan that offers you the most innovative solution to meet the educational and upbringing expenses of your child with relative ease, even in case you aren't around. How will the LIC's Child Fortune Plan work for you? ¤ You can choose the premium paying term and invest in accordance with the amount of money you require for your child's future. ¤ During the term of the policy you can also do partial withdrawals from your fund account (after 3 years) to meet the financial needs of your child's education. ¤ In the unfortunate event of your untimely death, this policy will help your child in the following manner: 1. Sum Assured will be paid immediately. 2. Balance premiums will be waived off. 3. Additional units worth the sum of all future premiums (including any outstanding premiums) will be immediately credited into your fund ledger. 4. The policy will continue with partial withdrawals, Surrender and Maturity benefits available To Schedule Your Get Aquainted Meet And Personalised Advise PLEASE CALL TODAY 9967686833/9322417806