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LIC Amrit Bal Plan: LIC Amrit Bal is a reliable policy to secure your child’s future, offering insurance and guaranteed returns. By starting investments at an early age, parents can build a strong fund for major expenses like their child’s education, career, and marriage. LIC Amrit Bal Plan: Every parent wants to securely save their hard-earned money for their children’s future. It’s important to choose a savings and investment plan that can help them with their children’s education, college fees, marriage, or other major needs. So, if you’re also thinking about investing money wisely to build a strong fund for the future, this news is very important for you. The right investment today will secure your children’s tomorrow. In fact, LIC, the country’s largest insurance company, has a special scheme specifically for children. This policy, called LIC Amrit Bal, offers excellent returns along with insurance. What is LIC’s Amrit Bal Scheme? The LIC Amrit Bal Scheme is a non-linked life insurance policy specifically designed for children’s future. Under this plan, parents can start a secure investment for their child’s education, big dreams, and other needs. Yes, to avail this policy, the child must be at least 30 days old and at most 13 years old. The maturity period ranges from 18 to 25 years. The LIC Amrit Bal plan offers parents a reliable option to ensure their child’s future is financially secure. अपने बच्चे के लिए उज्ज्वल भविष्य सुनिश्चित करें! कल के लीडर्स के लिए LIC की अमृतबाल बाल पॉलिसी 🌟💼👶 #LIC #ChildPolicy #BrightFuture #Amritbaal pic.twitter.com/ch5OsOekcO— LIC India Forever (@LICIndiaForever) October 19, 2025 How to avail this plan If you wish to purchase the LIC Amrit Bal policy, it can be purchased both online and offline. The minimum sum assured for this policy is ₹200,000, while there is no maximum limit, meaning you can invest as per your convenience. You can also avail discounts on online purchases. Premiums can be paid monthly, quarterly, half-yearly, or annually. Additionally, the scheme offers single premium and limited premium options, along with the option to choose a waiver benefit rider. This policy is unique for children. The LIC Amrit Bal Children’s Policy is unique in many ways. Upon signing this policy, a guaranteed additional sum assured (Sum Assured) is provided at the rate of ₹80 per thousand of the basic sum assured at the end of each year of the policy term. The policy must be in force to receive these benefits. Therefore, if the policyholder’s child is under 8 years of age at entry, the risk becomes effective two years from the policy commencement date, or on or immediately after the policy anniversary. Essentially, this plan ensures the security of children’s future. The Key Points of the Policy The LIC Amrit Bal Plan is a unique insurance scheme designed with children’s future in mind. To qualify for this policy, the child must be at least 30 days old and at most 13 years old. The maturity age is set at a minimum of 18 years and a maximum of 25 years. The policy offers a short premium payment term of 5, 6, or 7 years. The minimum sum assured is ₹200,000, with no maximum limit. A premium waiver benefit rider and loan facility are also available under certain conditions. This plan can be purchased from an LIC agent or the LIC website. Read More: Reliance Jio introduces 35GB data and free JioFi device for Rs 299
