Product Information
Child Plans
Good Kid
Synopsis:
This plan will help you move on with the growing needs of your child with Money Back Benefits and Milestone Additions, when it's exactly required; besides protecting your family from uncertainties. Invest today in this good plan to keep your kid's future good.
Features:
- Money Back Benefits for your child’s education and career needs
- Milestone Additions @ 5% of Basic Sum Assured during the first 5 policy years
- Get life cover of minimum 11 times the Annualised Premium for the entire policy term
- Flexibility to enhance coverage through Accidental Death & Dismemberment (Long Scale) (ADDL) Rider
- Growth of your corpus through Compounded Reversionary Bonus and Terminal Bonus, if any
- Get Tax benefits U/s 80C and 10(10D), as per applicable tax laws
Eligibility:
|
Plan Parameters |
Minimum |
Maximum |
|
|
Life Assured age as on last birthday (Years) |
25 |
45 |
|
|
Nominee age as on last birthday (Years |
0(30 days) |
17 |
|
|
Premium |
Based on minimum Basic Sum Assured |
No limit, subject to Board Approved Underwriting Policy |
|
|
Premium Payment Term |
Policy Term less 5 years |
||
|
Policy Term |
12 to 25 years |
||