Date of Withdrawal: 01-Jan-2014
Plan No. 159
- This plan is specifically designed for children in the age group of 0 – 10 years to target flow of money from age 18 to 26
- Ideally suited for meeting children’s education cost
- Money Back Plan with Returns every 2 years as Survival Benefits from age 18 onwards
- Premium Waiver Benefit :All balance premiums waived if parent dies before the age of 18 ( if opted )
- Life Cover: Full Sum Assured + Bonus + Final Addition Bonus (as applicable) even if survival benefits have already been paid as money back. Life cover starts at age 7 or 2 years from date of commencement whichever is later
- On Maturity: All accumulated Guaranteed Additions + loyalty addition (as applicable)
- No medical examination of the life assured is required upto age 9 for Rs. 25 Lacs
- Liquidity: Loan available after 1 year
- Policy shall automatically vest in the life assured on the policy anniversary immediately after the life assured attains majority
| Eligibility Criteria | ||
|---|---|---|
| Age | 0 | 10 |
| Term | 16 | 26 |
| Sum | 1,00,000 | 2500000 |
| Premium Modes | Yly, Hly, Qly, Mly, SSS, Single | |
| Yearly Premium for 10,00,000 Sum Assured | |||
|---|---|---|---|
| Child Age | 16/8 | 21/13 | 26/18 |
| 10 | 161386 | NA | NA |
| 5 | NA | 101263 | NA |
| 0 | NA | NA | 71814 |
