Description

A Without Profit Child Endowment Plan with protection of both child and proposer with both Single and regular premium paying mode. This product provides Guaranteed Addition for all the years the policy has been in force for.

Benefits

• Coverage of Both Child and the Proposer
• Guaranteed Addition for whole term
  o Rs. 55 per 1000 Sum Assured for term 8 years to 14 years
  o Rs. 60 per 1000 Sum Assured for term 15 years to 25 years
•  In-built Premium Waiver Benefit and Monthly Income Benefit (equal to 1% of Sum Assured each month)
•  Optional Accidental and Permanent Disability Rider to the proposer
•  The policy can be surrendered after completion of three full years with no due premium
•  Loan against policy is available after completion of three full years with no due premium equal to the extent of 90% of surrender value

Features

Sum Assured: Rs. 1,00,000 to Rs. 1,00,00,000
Term: 8 years to 25 Years
Age of Child: 90 days to 17 Years
Age of Proposer: 20 years to 50 years
Premium Paying Mode: Yearly / Half-Yearly / Quarterly / Monthly / Single