SUD Life Bright Child

Withdrawn Products

SUD Life Bright Child - WITHDRAWN PRODUCTS

142N039V01 - 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.

01.Benefits

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)

02.Key Features

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 | Monthly
Child Benefit
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.

03.Eligibility

Entry Age