### Overview of Plan 874 LIC's Amrit Baal (Plan 874 | UIN: 512N365V01) was specifically engineered for parents and grandparents who want absolute certainty in their child's higher education corpus. In market-linked plans like ULIPs, a market crash right when your child turns 18 can wipe out 30% of their college fund. Amrit Baal eliminates this fear completely.

The ₹80 Guaranteed Addition Math Under Amrit Baal, LIC credits ₹80 per ₹1,000 Basic Sum Assured at the end of each policy year: - On a ₹10,00,000 Basic Sum Assured, the guaranteed addition is **₹80,000 every single year**. - Over a 15-year policy term, total guaranteed additions equal **₹12,00,000**. - At maturity, your child receives the ₹10 Lakhs Basic Sum Assured + ₹12 Lakhs Guaranteed Additions = **₹22,00,000 guaranteed**.

Limited Premium Payment Flexibility Parents can choose to pay premiums for just 5, 6, or 7 years. You complete your financial commitment early while the policy continues to accumulate guaranteed additions until the child reaches graduation age.