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Plan No. 874
  • Ideal for planning your child’s financial goals.
  • Guaranteed Addition @ 80 per 1000 Sum Assured throughout the policy term.
  • Option to choose Single OR Limited premium payments.
  • Option to choose a policy term and premium paying term as per the needs.
  • Maturity age range available between 18 to 25 years
  • Premium Discount is available for higher Sum Assured (SA).
  • Option to choose Life Insurance coverage for your child as per the needs.
  • Premium Waiver Rider option, will ensure the planned returns will be payable to the child irrespective of your presence.
  • For life assured below 8 years age - life cover will start, on completion of 2 policy years OR 8 years of age - whichever is early.
  • Maturity benefit: Basic Sum Assured + Accrued Guaranteed Additions
  • Loan is available any time after 2 policy years for limited payment and after completion of 3 months for single mode.
  • Policy can be back dated within the same financial year to match an important event of your child.
  • Premium Paid is TAX EXEMPTED u/s 80 C.
  • Option to take maturity OR Death Benefit in lump sum or in 5, 10 or 15 installments.
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