Sentences with phrase «tenure of a child plan»

Secondly, during the tenure of child plan one can also avail the option of withdrawing money.

There are lot of good child plans available under ULIP and traditional platforms; I presume your objective is to create a corpus for higher education / marriage, since the tenure of child plan will be long.

Some insurers offer Waiver of Premium Rider or self - funding of premium in case of death of the applicant during the tenure of the child plan.

In case the applicant passes away during the tenure of the child plan, certain insurers offer the benefit of premium waiver or self - funding of premium, thereby making it easy to continue the policy without burdening the family member for premium payment.

Not exact matches

When the SBI child plan completes its tenure, the fund value on the date of maturity is what the policyholder is entitled to.

Premiums payable either in lump sum under Single Pay, for a limited period under Limited Pay or for whole tenure of SBI child plan

Child plans also allow the option of withdrawing money during the tenure of the child investment pChild plans also allow the option of withdrawing money during the tenure of the child investment pchild investment plans.

Guaranteed Additions accrue in the first five years of this HDFC child plan at a rate of 3 % of the Sum Assured every year if the policy tenure is lower than 20 years or 5 % of the Sum Assured every year if the policy tenure is more than 20 years.

The HDFC child plan offers definite additions in the first five years at a rate of 3 % and 5 % of Sum Assured every year if policy tenure is less or more, respectively, than 20 years.

If the chosen Benefit Payment Preference is Save - n - Gain under any of the plan option, in case of death or critical illness suffered by the insured during the tenure of the plan, the Sum Assured is paid to the beneficiary who is the child, all future premiums are waived off and 50 % of the premiums are paid by the company towards the plan and 50 % to the beneficiary on every premium due date and the plan continues.

So timing the investment as well as the tenure for investment is one of the primary needs of a parent and opting for a child plan!

A unit linked child insurance plan which provides market related returns while at the same time taking care of the child's future.Guaranteed Loyalty Additions are added to the fund @ 3 % of the average fund value in the preceding three years.The fund value is paid on maturity of the plan and in case of death of the insured during the tenure of the plan; the Sum Assured is paid immediately.

When you choose the tenure of the policy according to the age of your child, you can plan it in such a way, that you get a lump sum amount when the child reaches 18 years of age.

If you die before the tenure of the plan, the life insurer pays an amount called the sum assured (death benefit) to your spouse and children (nominees of the term life plan).

• Plan tenure — the term of the plan which you are considering buying should be such that it would provide funds for your child's requirement when the child would need it the mPlan tenure — the term of the plan which you are considering buying should be such that it would provide funds for your child's requirement when the child would need it the mplan which you are considering buying should be such that it would provide funds for your child's requirement when the child would need it the most.

Plan Tenure - When buying a child insurance plan, it is very crucial to decide the tenure of the pPlan Tenure - When buying a child insurance plan, it is very crucial to decide the tenure of theTenure - When buying a child insurance plan, it is very crucial to decide the tenure of the pplan, it is very crucial to decide the tenure of thetenure of the planplan.

If the child does not survive the tenure of the policy, the life assured will have the option to terminate the contract or continue with the plan according to their requirements.

The plan ensures that children get the benefits for their better future, even if parents don't make it till the end of the policy tenure.

In the unfortunate event of death of the policyholder or parent invested in a child plan, future premiums are waived off while the child receives a lump sum beneficiary amount as life cover along with maturity cover benefits at the end of policy tenure.

Child plans offer the benefit of waiver of premium, doing away with the premium obligation if the policyholder parent expires during policy tenure.

In this plan if the Life Insured, i.e. the parent dies or is diagnosed by a critical illness within the policy tenure, the nominee, i.e. the child would receive the Sum Assured in a lump sum to address the immediate needs of the family and the future premiums would be paid by the company either towards the fund or to the beneficiary.

The plan also acts as a Money back Plan where benefits are paid out in the last three years of the plan tenure so that the child's education can be funplan also acts as a Money back Plan where benefits are paid out in the last three years of the plan tenure so that the child's education can be funPlan where benefits are paid out in the last three years of the plan tenure so that the child's education can be funplan tenure so that the child's education can be funded.

I'm planning to start each of these projects once we solve «parental alienation,» leaving a legacy for healthy child development that will outlive my tenure on the planet.