Date of Withdrawal: 16-Nov-2013
Plan No. 41
- Children Deferred Assurance (Vesting age 21) is a best plan for child and his/her parent to secure a decent amount at a given age with a comparatively low premium.
- Option to opt for Premium Waiver Benefit (PWB) i.e. if opted no payment of future premium in case of death of the Proposer
- Policy vests at the age of 21 (I.e.: life cover on the child and bonus vesting starts)
- Premium paid are TAX EXEMPTED u/s 80 C & the Maturity amount is TAX FREE u/s 10 (10) (D)
| Eligibility Criteria | ||
|---|---|---|
| Min | Max. | |
| Age | 0 | 17 |
| Term | 13 | 50 |
| Sum | 50,000 | No limit |
| Premium Modes | Yly, Hly, Qly, Mly | |
| Yearly Premium for 10,00,000 Sum Assured | ||
|---|---|---|
| Proposer Age is consider 30 years | ||
| Age | Term/PPT | Premium |
| 0 | 30/30 | 15893 |
| 5 | 25/25 | 23034 |
| 10 | 20/20 | 34460 |
| 15 | 15/15 | 54702 |
