We understand…
… that as a caring parent, you always want to be there for your children. That you
want to be around to ensure that their education, careers and lives shape up well.
This plan helps you make sure that your children will be adequately supported and
that their financial needs will be taken care of even after your lifetime.
- Flexibility in terms of planning for your child’s future with wide range of solutions
offered under the plan as,
Option1: Future Child Benefit Plan Option @ 21 or
Option 2: Future Child Benefit Plan Option @ 23 - Depending upon the option selected, regular payouts to provide money to meet educational
expenses at different stages
- Sum Assured as a lump sum on the earlier of your unfortunate demise or total and
permanent disability arising out of accident prior to maturity, whichever is earlier.
The policy remains in-force for the remaining term and will continue to accrue guaranteed
additions and future bonuses. Premiums are waived for the remaining term
- Guaranteed Additions @3.5% of Sum Assured per annum at a compounding rate at the
end of each of the first five policy years.
- Compounded Reversionary bonuses thereafter
- Large Sum Assured Discount
- Tax benefits on premiums paid
- Benefits received are non-taxable
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