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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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