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  • 932 New Children Money Back_English

    LIC's New Children Money Back plan is specially designed to meet the future needs of children

    932 New Children Money Back_Hindi

    LIC's New Children Money Back plan is specially designed to meet the future needs of children.

    It is a money back policy which offers guaranteed good returns in the form of survival benefits at the age of 18 Years, 20 Years, and 22 Years of Child to secure higher education needs. Policy can be availed with a maturity age as 25 years and can be taken by children between the ages of 0 years to 12 years. This plan also offers cover on the life of child during policy term

    Money Back with Periodic Survival Benefits

    Money back at the age of 18 Years, 20 Years and 22 Years to take care of the education needs of child and lump sum maturity at the age of 25 years of child to take care of marriage expenses of child

    Reinvestment option

    Periodic Survival Benefits in the form of Money Back can be reinvested in other policies and utilized along with maturity amount.

    Profit Sharing as per Valuation

    Every year, LIC declares valuation results.
    As per valuation result declared by LIC, profit is being shared among all policyholders as bonus.

    Premium Waiver Benefit

    By paying small extra premium amount, you can secure your life in case of sudden demise which waives future premium and continue policy with assured returns to fulfil your child’s dream even without you.


    Avail Tax benefit on premium paid
    Tax Free Maturity Amount
    Tension Free Claim Settlement

    For Basic Plan

    Entry Age0 Years (last birthday)12 Years (last birthday)
    Policy Term25 – Age at entry Years
    Maturity age25 Years
    Sum Assured₹ 100,000/-No Limit
    Mode of PaymentYearly, Half Yearly, Quarterly, Monthly ECS and through salary deductions (SSS)
    The Basic Sum Assured shall be in multiples of ₹ 10,000/-

    Premium Waiver Benefit (PWB) Rider – optional

    Minimum Entry Age : 18 Years (completed)

    Maximum Entry Age : 55 Years (Nearer Birthday)

    Maximum cover ceasing age : 70 Years (Nearest Birthday)