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Date of Withdrawal: 01-Jan-2014
Plan No. 159
  • This plan is specifically designed for children in the age group of 0 – 10 years to target flow of money from age 18 to 26
  • Ideally suited for meeting children’s education cost
  • Money Back Plan with Returns every 2 years as Survival Benefits from age 18 onwards
  • Premium Waiver Benefit :All balance premiums waived if parent dies before the age of 18 ( if opted )
  • Life Cover: Full Sum Assured + Bonus + Final Addition Bonus (as applicable) even if survival benefits have already been paid as money back. Life cover starts at age 7 or 2 years from date of commencement whichever is later
  • On Maturity: All accumulated Guaranteed Additions + loyalty addition (as applicable)
  • No medical examination of the life assured is required upto age 9 for Rs. 25 Lacs
  • Liquidity: Loan available after 1 year
  • Policy shall automatically vest in the life assured on the policy anniversary immediately after the life assured attains majority
Eligibility Criteria
Age 0 10
Term 16 26
Sum 1,00,000 2500000
Premium Modes Yly, Hly, Qly, Mly, SSS, Single
Yearly Premium for 10,00,000 Sum Assured
Child Age 16/8 21/13 26/18
10 161386 NA NA
5 NA 101263 NA
0 NA NA 71814
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