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Thursday, December 16, 2010
Child Future Plan (Table - 185)
It has been decided to introduce a new with profits plan for children, LICs Child Future Plan (Plan No. 185) w.e.f 8th February 2007. This plan is designed to meet the increasing educational and other needs of growing children which provides the risk cover on the life of child not only during the policy term but also during the extended term (i.e. 7 years after the expiry of policy term). On surviving to the end of the specified durations, a number of Survival benefits are also payable.
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