Bright Child

​​​​As a parent, your life's dreams and ambitions now revolve around your children. You want to give them the best that life has to offer- a childhood full of happiness and love, an education from a premier institute, a grand marriage in the midst of friends and relatives- you want to help them launch their careers and you want to see them well settled. Saving and investing money to fund all these goals is important. More important is ensuring that this money grows, and is available to you in the right amounts when you need it. SUD Life Bright Child is specifically tailored to meet these needs with its distinct pay-out structure, crafted to meet the funding needs related to your child's career and wedding.

A choice between two funding options- Career Endowment and Wedding Endowment

Get "Child Benefits" up to 125% of sum assured#

Your child's future is secure even in case of your unfortunate demise

Income Tax Benefits under section 80C & 10(10D)*

# Conditions Apply.

* Tax benefits are subject to change in tax laws from time to time. Prevailing benefits would be applicable as per the prevailing laws from time to time.

Sum Assured

Min: Rs.5 lacs
Max: Rs.5 crores
(High Sum Assured Rebate is applicable if you go for higher amount of coverage)

Policy Term

24 minus age of child at entry

Premium Payment Term

18 minus age of child at entry, or
Fixed 10 years

Premium Payment Modes

Yearly
Half yearly
Quarterly
Monthly1

Child Benefit

Child's Age (years)Benefits under Career Endowment o​ption**Benefits under Wedding Endowment option**
1850%20%
2120%30%
2430% + Benefit booster50% + Benefit booster

Death Benefit

In case of your unfortunate demise, your child will receive the Sum Assured immediately. All the future premiums will be waived off and your child will also continue to get the future benefits as planned at ages 18, 21 and 24 years.

Monthly mode through ECS/ SI only

** Benefits payable as the percentage of Sum Assured

Entry Age

Life Assured: 19-45 years
Child: 0-8 years

Maximum Maturity Age of Life Assured

69 years
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