| Insurance Type |
Children's Money Back Plan |
| Min/Max age at entry |
0/10 years |
| Maximum maturity age |
26 years |
| Mode of premium |
Single Premium, yearly, half yearly, quarterly, SSS |
| Min/Max sum assured |
Rs. 1,00,000/Rs.25,00,000 |
| Payment Mode |
All |
| Rebates |
Mode and sum assured rebates available |
| Policy loan |
No (As this is a plan for educational provision cum
start in life). |
| Housing loan |
No (As this is a plan for educational provision cum
start in life). |
| Tax Benefits |
Under Section 88 and Section 10 (10D) |
Features
- Maturity Benefits: Periodic return of sum assured
plus guaranteed additions: at Rs 75 per 1,000 sum
assured plus loyalty additions if any.
- Death benefits: Full sum assured with accrued
guaranteed additions.*
- Premium waiver benefit available
- Term rider option for proposer upto 20% of basic
sum assured available
*
Conditions apply
|
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