Child Future Plan


This plan provides a life cover on the child’s life during the policy term and after it for another 7 years.

This plan is designed to meet the increasing needs of growing children. A lot of survival benefits will be paid in case the life assured survives till the end of the policy term.You can choose the sum assured, maturity age, term of policy, mode of premium payment and premium waiver benefit.You can pay the premiums on regular basis for six years or up to 5 years before policy term.

 

BENEFITS:

  • Sum assured with the bonuses will be paid in case of death once the risk cover has commenced.
  • Auto cover facility available
  • You can avail a premium waiver benefit
  • Gets a share of the corporation’s profits
  • Has a surrender value in case of early termination of policy.

Also check another popular plan Children Deferred Endowment Assurance Plan 

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