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Product Information
Child Plans Bright Child
Synopsis:
fjrigjwwe9r3SDPrivInsuProd:Synopsis
A flexible plan to fulfil your child's dream.

Features:

fjrigjwwe9r3SDPrivInsuProd:Features
  • Sum Assured
    1. Min: Rs.5 lacs
    2. Max: Rs.5 crores
    3. (High Sum Assured Rebate is applicable if you go for higher amount of coverage)
  • Policy Term
    1. 24 minus age of child at entry
  • Premium Payment Term
    1. 18 minus age of child at entry, or Fixed 10 years
  • Premium Payment Modes
    1. Yearly
    2. Half yearly
    3. Quarterly
    4. Monthly
  • Child Benefit
    1. Child's Age (years)
    2. 18
    3. 21
    4. 24
    1. Benefits under Career Endowment option
    2. 50%
    3. 20%
    4. 30% + Benefit booster
    1. Benefits under Wedding Endowment option
    2. 20%
    3. 30%
    4. 50% + Benefit booster
  • Death Benefit
    1. In case of your unfortunate demise, your child will receive the Sum Assured immediately. All the future premiums will be waived off and your child will also continue to get the future benefits as planned at ages 18, 21 and 24 years.

Benefits:

fjrigjwwe9r3SDPrivInsuProd:Benefits
  • A choice between two funding options- Career Endowment and Wedding Endowment
  • Get "Child Benefits" up to 125% of sum assured
  • Your child's future is secure even in case of your unfortunate demise
  • Income Tax Benefits under section 80C & 10(10D)
Eligibility:
fjrigjwwe9r3SDPrivInsuProd:Eligibility
Entry Age Life Assured: 19-45 years
Child: 0-8 years
Maximum Maturity Age of Life Assured 69 years