Site icon Jagoinvestor

Marriage Endowment/Educational Annuity Plan with Profit with Accident Benefit

Dear Manish, As mention in title we have taken a LIc policy a year back for 15 year. I am paying Rs. 31001/= as a yearly premium.

This policy was taken by me and my wife for my daughter who is just 1 year old. I want to know if we took a right dicesion as I am not much aware about it. If I can know more benifite and how much money we will get once its mature. In the LIC bond it is mention that if serviving at the time of maturity = sum assured+ vast bonus. What does it mean and how much we will get.

Regards

Pranshu

Exit mobile version