It’s an endowment Assurance plan for child from age 0 to 15 years. The policy will end between the child attains age between 16 and 30. The optional benefit will secure the educational benefit of child even in case of death of Proposer.

On Survival at the end of Policy maturity, Full Sum Assured Plus Bonus will be paid.

On death of life assured after the commencement of Risk, Full Sum Assured Plus Bonus will be paid. On death before commencement of Risk all the premiums paid excluding extra amount will be paid.

Rebate and Overload

Optional Benefits by paying additional premium. (0 to 14 years of age)

1. MIB  ( On Death of Proposer before child attains age 16,  Amount equal to 1 {ded2d9b5365c04e4b9a76864eca2778852c0c4ebebb3d57772041a55946e519a}, 1.5 {ded2d9b5365c04e4b9a76864eca2778852c0c4ebebb3d57772041a55946e519a}, or 2 {ded2d9b5365c04e4b9a76864eca2778852c0c4ebebb3d57772041a55946e519a} (by adding extra Premium) of Sum Assured will be paid monthly as Monthly Income Benefit till the child attains age 16)
2. PWB (Premium will be waived as Premium Waiver Benefit till the child attains age 16)
3. Funeral Expenses (Funeral expenses 50000 or 25{ded2d9b5365c04e4b9a76864eca2778852c0c4ebebb3d57772041a55946e519a} of Sum Assured, whichever is less is paid for funeral expenses on death of proposer)