Advantages

• You can customize the ideal plan for your child by choosing the premium you wish to invest along with the Sum Assured, depending on the level of protection required.
• On Maturity, your fund value will be augmented by addition of Bumper Addition , which is a percentage of your average annualised premium and depends on the policy term chosen.
• The Triple Insurance Benefit helps you secure your child’s immediate and future needs. In case of your unfortunate demise or critical illness, we will pay the Sum Assured to your child (Beneficiary). Your family need not pay any further premiums. We will pay 50% of all the original regular premiums towards your policy and 50% of the premiums will be paid to the Beneficiary as and when due, on an annual basis. Any Death Benefit or Critical Illness cover terminates immediately.
• In the long term, the key to building great maturity values is a low Fund Management Charge (FMC). We have a low FMC of only 1.25% per annum of the fund’s value.
• You can choose to pay your premium as either Annually, Half-Yearly or Monthly depending on your convenience. You also have a range of convenient auto premium payment options.
• You can change your investment fund choices in two ways:
• Switching: You can move your accumulated funds from one fund to another anytime
• Premium Redirection: You can pay your future premiums into a different selection of funds, as per your need
• Tax benefits are offered under section 80C and 10(10D) of the Income Tax Act, 1961

For more details on risk factors, terms and conditions, please read the Product Brochure carefully and/or consult Financial Consultant before taking a decision.