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Apr 01, 2016 life insurance corporation of india lic has decided to launch lic new children money back policy plan no. Lic childrens money back premium payment plan table no 832 10. New childrens money back plan magadh financial services. This policy is tailormade scheme that caters to the needs of marriage, educational, and other needs of growing kids via survival benefits. Know lic jeevan labh plan 936 policy term 16 years details. Though the minimum term of the plan is 9 years, it also offers you the option to choose a term of 12 or 15 years. It has premium waiver benefit option, which waives further premiums in case of death of the father proposer.
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