Mumbai, Feb. 17 -- The Life Insurance Corporation launched a new product LICs Amritbaal on Saturday. The new offering was launched by Financial Services Secretary Dr. Vivek Joshi.

The Plan will be available for sale from 17.02.2024. The Unique Identification Number (UIN) for LICs Amritbaal is UIN: 512N365V01

LICs Amritbaal is an Individual, Savings, Life Insurance Plan.

The plan is specifically designed to have an adequate corpus to meet the higher education and other needs of the child.

It facilitates accumulation of corpus through Guaranteed additions at the rate of Rs 80 per thousand basic sum assured at the end of each policy year from the inception till the end of Policy term provided policy is in force

Minimum Age at Entry is 0...