Baal Jeevan (Withdrawn)
Description
This is a participating child money back plan that provides both saving and protection component.
Benefits
Death Benefits:
- On death of child before age 18: Return of all the premiums paid till date
- On death of child after age 18: Basic Sum Assured + Guaranteed Addition is paid to the nominee
- On death of proposer before the child reaches 18: Return of Premium paid or continue of policy by changing the proposer
Survival Benefits:
On survival of child to age:
18: 20% of Sum Assured
20: 20% of Sum Assured
22: 30% of Sum Assured
24: 30% of Sum Assured
Maturity Benefit:
On survival of child to age 26, guaranteed addition of 70 per 1000 SA