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Fort, Mumbai - 400001 Mon–Fri, 10:00 AM – 6:00 PM +91 98205 73233Keeps a child's policy alive
If the proposer dies or becomes disabled, all future premiums on the policy are waived and the plan continues to maturity.
Who it suits: Parents who own a policy on a child's life.
LIC plan reference: UIN 512B204
Estimates from publicly published LIC rate tables. Not a quotation.
This is a pure risk plan — there is no maturity or surrender value.
Figures exclude underwriting loading and high sum assured rebates. Bonus-linked maturity values are projections, not guarantees.
Your estimate is ready. For an official quotation and a suitability discussion on Premium Waiver Benefit Rider:
Send your age and budget and you will get an official LIC quotation plus an honest view on whether this plan is the right fit.
5th Floor, Jeevan Prakash Building, Sir P.M. Road, Fort, Mumbai - 400001, Maharashtra · Mon–Fri, 10:00 AM – 6:00 PM · IRDAI Agent Licence No. LIC03699923
Plan UIN 512A234Extra payout and income after an accident
Plan UIN 512B203Doubles the payout on accidental death
Plan UIN 512B209Top up the death benefit cheaply
Plan UIN 512B210Updated top-up cover
This page describes Premium Waiver Benefit Rider in our own words, based on LIC's published product literature. For the binding terms, always refer to the official policy document issued by Life Insurance Corporation of India.
