LIC Amritbaal Plan

LIC Amritbaal is a Non-Linked, Non-Participating Child Savings Plan specially designed to build a guaranteed financial corpus for your child's higher education and future milestones.

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Plan Rating

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Education Planning

Build a guaranteed corpus for your child's higher education.

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Guaranteed Additions

Guaranteed additions throughout the policy term.

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Child Protection

Financial protection with guaranteed maturity benefits.

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Tax Benefits

Tax benefits as per applicable Income Tax laws.

Key Features

  • Non-Linked Child Savings Plan.
  • Non-Participating with Guaranteed Benefits.
  • Guaranteed Additions throughout the policy term.
  • Single Premium and Limited Premium options.
  • Premium Waiver Benefit Rider available.
  • Loan Facility Available.

Eligibility

Entry Age 30 Days to 13 Years
Age at Maturity 18 to 25 Years
Premium Payment Single Premium or Limited Premium
Minimum Basic Sum Assured โ‚น2,00,000

Benefits

Maturity Benefit

On maturity, the Basic Sum Assured together with accrued Guaranteed Additions is payable.

Death Benefit

In case of the child's death during the policy term, the applicable death benefit is payable according to the selected option.

Calculate Your Premium & Maturity

Use our free LIC Amritbaal Premium Calculator and Maturity Calculator to estimate your policy benefits.

Premium Calculator Maturity Calculator Get Free Consultation

Frequently Asked Questions

LIC Amritbaal is a child savings insurance plan that helps parents create a guaranteed financial corpus for higher education and future needs.

Yes. The policy provides Guaranteed Additions throughout the policy term, subject to the policy remaining in force.