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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
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