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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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