Life
is a blessing ... when you have a life plan that adds to your children's
future. Rarely does your best efforts add up to what your
children truly deserve. which is why you are better off investing
in Ashirwada - the Life Plan for Kids. Ashirwada is a lifeassurance
policy from LIC that provides your children with financial security
for their education and marriage.
SURVIVAL
BENIFIT
Sum Assured along with all vested bonuses payable in one lump sum or in
ten/twenty half yearly installments with the then declared interest rates
at the option of the life assured at the end of the term of the policy.
DEATH
When the term rider is opted for at the commencement of the policy, upon
death of the life assured an amount equal to sum assured is payable to
the nominee. Again at the end of the term an amount equal to the sum assured
along with vested bonus for full term will be payable to the nominee/child.
The future premiums are waived off, on death.