This plan can be taken by you as a parent of a child whose age is up to 17 years of age.
Life assured under this policy will be yours and the child will be the nominee. On the basis of the child’s age at the time of maturity, the term will be decided. A minimum sum of Rs. 100000 has to be assured and there is no maximum limit.
- Risk cover for the child named, even after the death of the life assured.
- The proposer of the policy will have a choice of nominating another individual or child as the nominee in case of death of the named nominee.
- Security for the child
- Option to avail a critical illness rider