Date of Withdrawal: 01-Jan-2014
Plan No. 102
- An endowment plan designed for children in the age group 0 – 12
- Ideally suited for meeting children’s marriage or business start up cost
- Life Cover: Full Sum Assured + Bonus + Final Addition Bonus (as applicable). Life cover starts at age 7 or 2 years from date of commenecement whichever is later
- On Maturity: Sum Assured + Bonus + Final Addition Bonus (as applicable)
- No medical examination of the life assured, if child is less than 10 years is required
- Policy shall automatically vest in the life assured on the policy anniversary immediately after the life assured attains majority
- No additional premium for Accident Benefit upto Rs. 1,00,000 after age 25
- Premium Waiver Benefit : All balance premiums waived if parent dies before the age of 18, if opted
Eligibility Criteria | ||
---|---|---|
Age | 0 | 12 |
Term | 15 | 35 |
Sum | 50,000 | No limit |
Premium Modes | Yly,Hly,Qly,Mly,Single |
Yearly Premium for 10,00,000 Sum Assured | |||
---|---|---|---|
Age | 25 Years | 30 Years | 35 Years |
0 | 35345 | 28316 | 23753 |