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Life is full of uncertainties. You can be sure of your today but not about the unpredictable tomorrow. And hence, you toil hard all through life only to ensure that your family’s tomorrow is secure, comfortable and relaxed. You want the best for your near and dear ones now and always.
 
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Plan No. 832
  • Ideal for planning your child''s financial goals.
  • Moderate premiums.
  • Multiple premium payment frequency to choose from.
  • Life Cover to the extent of Sum Assured + Bonus + Final Additional Bonus (As applicable).
  • 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.
  • Survival benefit: An amount equal 20% of SA will be paid on each policy anniversary on completion of 18, 20 & 22 years of age.
  • Maturity benefit: 40% of SA+ Bonus + Final Additional Bonus (as applicable) will be paid on completion of term.
  • Loan is Available any time after 2 policy years.
  • 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.
  • All returns from the policy are TAX FREE u/s 10 (10) (D)
  • Free lookup period for 15 days.
Eligibility Criteria
Min. Max.
Age 0 years 12 years
Term 13 years 25 years
PPT 13 years 25 years
Sum Assured 1,00,000 No Limit
Premium Modes Yearly, Half Yearly, Quarterly & Monthly
Yearly Premium For 1000000 Sum Assured
Age Sum assured
3 46882
6 56437
9 70157
12 89022
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