Date of Withdrawal: 16-Nov-2013
Plan No. 41
- Children Deferred Assurance (Vesting age 21) is a best plan for child and his/her parent to secure a decent amount at a given age with a comparatively low premium.
- Option to opt for Premium Waiver Benefit (PWB) i.e. if opted no payment of future premium in case of death of the Proposer
- Policy vests at the age of 21 (I.e.: life cover on the child and bonus vesting starts)
- Premium paid are TAX EXEMPTED u/s 80 C & the Maturity amount is TAX FREE u/s 10 (10) (D)
| Eligibility Criteria |
|
Min |
Max. |
| Age |
0 |
17 |
| Term |
13 |
50 |
| Sum |
50,000 |
No limit |
| Premium Modes |
Yly, Hly, Qly, Mly |
| Yearly Premium for 10,00,000 Sum Assured |
| Proposer Age is consider 30 years |
| Age |
Term/PPT |
Premium |
| 0 |
30/30 |
15893 |
| 5 |
25/25 |
23034 |
| 10 |
20/20 |
34460 |
| 15 |
15/15 |
54702 |
