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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. 834
  • Ideal for planning your child''s career goals
  • Moderate premiums
  • Multiple premium payment frequency to choose from
  • Premium Discount available for higher Sum Assured (SA).
  • Premium Waiver option – to ensure that the planned benefits will be paid to the child – with or without you
  • Life Cover to the extent of 125% of Sum Assured + Bonus + Final Additional Bonus (as applicable)
  • Survival Benefit: Option to take 5%, 10% or 15% of sum assured as survival benefit every year from 20 to 24 years of child''s age
  • Maturity Benefit: Sum Assured (or Balance SA, if SB is chosen) + Bonus + Final Additional Bonus as applicable, will be paid on completion of 25 years of age
  • Loan is available any time after 2 policy years (after 1 years incase Premium paying term is less than 10 years)
  • Policy can be back dated.
  • 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 90 days 12 years
Term 13 years 25 years
PPT 8 years 20 years
Sum 75000 No Limit
Premium Modes Yearly, Half Yearly, Quarterly & Monthly (SSS or ECS only)
Yearly Premium for 10 lac Sum Assured
Age Option 1 Option 2 Option 3 Option 4
0 40904 41884 42864 43844
3 48499 49822 51194 52517
6 59377 61190 63052 64914
9 78536 81182 83779 86425
Taxes will be extra as applicable.
PWB premium optional according to Proposer''s Age.
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