LIC Amritbaal (Plan No. 774)
Child plan with guaranteed additions – build a fund for your child’s higher education.
LIC’s Amritbaal (Plan 774) is a non-participating child plan taken on the child’s life. Guaranteed additions accrue every year, so the fund for higher education is predictable. You can pay by single premium or limited premium and choose the maturity age as per the child’s education timeline.
| Plan name | LIC Amritbaal |
|---|---|
| Plan number | 774 |
| UIN | 512N365V02 |
| Category | Child Plans |
How LIC Amritbaal works
- The policy is on the child’s life; the parent/proposer pays the premium.
- Guaranteed additions accrue every year till the end of the policy term.
- Choose single premium or limited premium payment.
- On maturity, the sum assured on maturity plus guaranteed additions is paid.
- Optional Premium Waiver Benefit rider keeps the policy going if the proposer dies.
Who should buy this plan?
- Parents of young children planning higher education
- Grandparents gifting a policy
- Families who want a guaranteed education fund
Important points before you buy
- Entry age, maturity age and guaranteed addition rate are as per the latest brochure.
- Add the premium waiver rider for full protection of the goal.
Comparing child plans? See our LIC children plan guide.
Why buy LIC Amritbaal through Vedpal Singh?
- 20+ years of experience with LIC in the Chandigarh tri-city; Development Officer at LIC’s Manimajra branch.
- Honest comparison of plans – we suggest what fits your goal and budget, including term cover where needed.
- Doorstep service for proposal, KYC and medicals in Chandigarh, Mohali, Panchkula and Zirakpur.
- Lifetime after-sales help: premium reminders, loans, nominee change, revival and claim support for your family.
Frequently asked questions
Source: plan details summarised from LIC’s official plan list and brochures on licindia.in. Features, eligibility and rates may change – the latest LIC sales brochure prevails.
Related LIC plans
LIC New Children’s Money Back Plan
Money for your child at ages 18, 20, 22 and 25 – for college and career.
LIC Jeevan Tarun
Flexible child plan – choose how much money you want each year from age 20 to 24.
Get LIC Amritbaal Quote
Apni details bhejiye – Vedpal Singh aapko call karke sahi plan batayenge.