Description

Ideal for planning your child's career goalsModerate premiumsMultiple premium payment frequency to choose fromPremium 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 youLife 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 ageMaturity 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 ageLoan 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 CAll returns from the policy are TAX FREE u/s 10 (10) (D)Free lookup period for 15 days