Ludhiana: If you want to improve the life of your children, then you can invest in a new policy of LIC for them. According to the latest report, LIC has launched its latest plan Amritbal for children. Investment in this policy can be made through both offline and online medium.
According to the news, Life Insurance Corporation of India (LIC) has introduced its new scheme Amritbal with the aim of securing the future of children. This scheme has been designed to meet the higher education and other needs of the child.
Age limit of children to take the policy: The minimum age limit for investing in LIC’s new policy has been set at 30 days and maximum age at 13 years.
Maturity period of the policy: Let us tell you that the minimum period of maturity of this policy is 18 years and at present the maximum period is 25 years.
Amount to invest in the policy: There is no limit for the minimum sum insured in this policy of Rs 2,00,000 and the maximum sum insured. At the same time, short premium payment terms under the policy are 5, 6 or 7 years.
Apply like this: To invest in this plan of Life Insurance Corporation of India (LIC), you should contact the nearest branch of LIC or go to the LIC website and apply online.
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