Premium and Maturity Calculator – LIC New Children’s Money Back – 832

Premium and Maturity Calculator – LIC New Children’s Money Back

LIC’s New Children’s Money Back plan (T – 832) is intended to help you in meeting the educational or marriage expenses of your child. Money Back at the rate of 20 % of Sum Assured is available from 18th year of age of the child. No need to add that the starting age of money back in this plan coincides with the higher secondary education period of the child, which is desirable in current scenario.

LIC New Children’s Money Back – Calculator – details

This powerful calculator can help  you understand complete details of the plan by providing the premium and benefit details based on the parameters chose by you. Thus you can yourself get empowered to make informed decisions on purchasing the plan.



Read More : Complete details of LIC  New Children’s Money Back Plan

Premium and Maturity Calculator – LIC New Children’s Money Back – How to use it..

If you have any doubt in the method to use the Children’s Money Back – Calculator, the following guide will help you. Follow the steps mentioned below.

LIC New Children's Money Back How to use Premium and Maturity calculator T- 832

Now you can see a maturity benefit and premium illustration as shown below based on the details provided by you. That is not the end of the calculator. A detailed Java script based illustration to understand more details can be obtained by clicking the button provided at the bottom of this illustration.

Please click on the button as shown in the illustration provided below.

 If you cannot view the actual calculator as shown here in the page, try refreshing the page to load the calculator again.

lic new children's money back How to use Premium and Maturity calculator T- 832

Note# *The benefit illustrations shown above are just for understanding the basic details of the plan. Please go through LIC web site for more details. Bonus rates shown in the illustration are based on the bonus rates of Children’s Money Back Plan for the last financial year. Future benefits could vary based on the experiences of Life Insurance Corporation of India from time to time.

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Anish L J
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Anish L J

Anish L J is a 'Financial Planner' and member of Chartered Insurance Institute(CII), London. He is also a finance, insurance and software consultant with more than 20 years of experience in these fields. He thoroughly follows developments in insurance and finance. 'INSURANCE FUNDA' (www.insurancefunda.in) is his endeavor to provide simple and solid solutions in the Insurance and Finance sectors.
Anish L J
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