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Children’s Policy

Youth Endowment Assurance Policy
Youth Endowment Assurance Policy
  • Maturity Benefit: Sum Assured plus Guaranteed Additions and Guaranteed Loyalty Additions (if any).
  • During total permanent disablement of the proposer future premiums are waived
  • In case of passing of Life assured, Sum Assured + Guaranteed Additions will be paid.
  • In case of demise of a proposer, Term Rider Benefit is paid, and the future premiums are waived.
  • 50% Tax Refund
  • Accident benefit available
Millennium Education Scheme
Millennium Education Scheme
  • Survival Benefit: 30% of SA on attaining an age of 16 and 17.
  • Maturity benefit: 40% of SA plus Guaranteed Additions.
  • In event of demise of the life assured, sum assured becomes payable together with guaranteed additions.
  • If the proposer passes away, Term Rider Benefit is Paid with future premiums waived.
  • 50% Tax Rebate
Children’s Money Back Policy
Children’s Money Back Policy
  • Survival Benefits is paid at periodic interval
  • On policy maturity, the remaining balance of the Survival Benefit, along with any Accrued Guaranteed Additions will be paid.
  • On decease of assured, Sum Assured plus Accrued Guaranteed additions is paid, and future premiums is waived
  • 50% Tax Refund