In the event of
unfortunate death of the parent during the policy term, the unit linked child plan will provide Sum Assured or Fund Value, (whichever is higher) to the nominee.
Save - n - Gain Benefit: In case of
unfortunate death of the parent or critical illness of the life insured during the policy term, Sum Assured is paid to the beneficiary (child).
The policy offer a choice of 2 options to select from in case of
unfortunate death of the parent
Supports the Child education in
the unfortunate death of Parent (s) Death does not come with the invitation and no amount of preparation can leave on ready for such an event.
The plan guarantees to provide for the child's future financial needs even in
the unfortunate death of the parent.
Child insurance plans on the other hand provide maturity full term amounts or compensates the child and allow them to continue their education in the event of
unfortunate death of parent.
These plans are built with the sole aim of securing the child's future against
the unfortunate death of the parent.
Not exact matches
I think most
of the Americans are in lost... as most
of them do not know who their father is and it is very
unfortunate... even if they know who their father is, the mom has children from diff men outside
of marriage... and while a child is being raised, watching what his / her
parents do to enjoy their life... so things become normal when they grow up... like if you go back early nineteen century, women were not allowed to go to beach without being covered... and now it totally opposite... if you do not have a boyfriend or girlfriend before 15, the
parents worries that their teenage has some problem... and lot more can be listed... And then you go to Church, what our children learn from there... they see in front
of the Church an old man's statue with long beard standing with extending
of both hand... some
of the status are blank, white, Spanish and so on... so they are being taught God as an old dude... then you learn from Catholic that you pray to Jesus, Mother Marry, Saints,
Death spirit and all these... the poll shows a huge number
of young American turns to Atheism or believing there is no God and so on... Its hard to assume where these nations are going with the name
of modernization... nothing wrong having scientists discovered the cure
of aids or the pics from mars but... we should all think and learn from our previous generations and correct ourselves... also ppl are becoming so much slave
of material things...
«I wanted to look at whether, in the
unfortunate event
of maternal
death, a father could take over the maternity leave and benefits so that as sole surviving
parent he had the same parental rights as new mothers and more importantly could provide the same level
of child care.»
In the event
of the
unfortunate death of the insured (
parent) during the policy tenure, insurance companies often offer to waive the premium.
A child plan is developed on the concept
of providing financial support to the family for the child's future if the
parents meet with an
unfortunate death.
In the
unfortunate event
of death of the
parent, child is given the sum assured in a lump sum, making it a favorable plan.
Perhaps the biggest advantage
of a child plan is the financial security the child is assured
of in the
unfortunate event
of the sudden
death of a
parent.
The life
of the
parent is covered in this policy and a lump sum benefit is offered to the survivor in the event
of unfortunate death of the person.
The impetus which pushes people to invest in a child insurance plan is the safety
of the child's future financially, a future which will not be hampered if the
parent meets with an unexpected and an
unfortunate death pre-maturely.
In this plan, the company pays a lump sum payment
of Sum assured and future premiums in the
unfortunate event
of the
death of a
parent.
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.
These plans also come with a
Death Benefit, thereby ensuring that in the unfortunate event of death of the parent, the child can still continue pursuing educa
Death Benefit, thereby ensuring that in the
unfortunate event
of death of the parent, the child can still continue pursuing educa
death of the
parent, the child can still continue pursuing education.
In the
unfortunate event
of the
death of the
parent, the child's future remains secured through Family Income Benefit and Funding
of Future Premiums
In the
unfortunate event
of demise
of a
parent, child plans come bundled with the feature
of premium waiver as well as a lump sum
death benefit offered to the surviving child at maturity.
You do everything to make the future
of your child safe and secure, but what will happen to them in case
of an
unfortunate event like the untimely
death of a
parent?
The arrival
of a new baby, an
unfortunate lay off, or the
death of a
parent are examples
of events that can rattle a relationship.