Child Education Plan
The plan that keeps paying when you can’t.
You have eighteen years to fund a degree, and no way of knowing whether you will be there for all of them.
Most education plans quietly assume you survive to the end of them. This one does not. If you are not there, your payments stop and the insurer’s begin, and the maturity still lands on your child’s eighteenth birthday, at exactly the amount promised.
What makes it different
- If you are not there, the insurer pays your remaining premiums on your behalf.
- The maturity amount arrives in full and on time regardless, so the education fund is never short.
- The death benefit is paid on top of the maturity, not instead of it.
Built for parents of young children.
The terms
- You pay
- ₹1,00,000 a year
- For
- 12 years
- Plan runs
- 18 years
- At maturity
- ₹26,00,000
- Death benefit
- ₹11,00,000
- Rider
- Waiver of premium
For illustration only. These are not quotations. Figures vary with age, health and underwriting, and are confirmed by the insurer at the time of application. Illustrated for a healthy individual. Terms are adjusted after underwriting.
Child Education covers life cover and education
Each of our plans is built around one future. If you need more than one, Sudarshan Chakra brings them together in a single plan.
The wheel shows what each plan is built to support. It is not a measure of returns, and how a plan fits your family is confirmed one to one.
Own a business? Your business can pay for this plan and save tax, while you and your family are covered.
How it worksEach one built around a future
One for education, one for retirement, one for the generations after you, one for growing wealth, and Sudarshan Chakra, which brings them together.
- Retirement PlanPay in for a while. Draw a lakh a year, for life.Read it
- Generation to Generation Term PlanA baton, not a policy.Read it
- Unit Linked Insurance PlanYour money in the market. Your family covered.Read it
- Sudarshan ChakraOne plan that brings them all together.Read it
- Cancer Cover PlanThe branch you hope not to take.Read it
Ask about the Child Education plan
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Insurance is the subject matter of solicitation. Market-linked values are projections, not guarantees. Investments are subject to market risks; read all scheme-related documents carefully. Past performance may or may not be sustained in future.