It is anticipated endowment with profit plan, specifically designed to take care of the educational needs of children for a specific term of 15 years. As an anticipated plan, benefits under the plan are payable at specified installment irrespective of whether the Life Assured survives to the end of the policy term or dies during the term of the policy. Premium is waived in case of death of the Assured.   Policy Requirements ·         Minimum Entry Age                     : 17 Years ·         Maximum Entry Age                    : 50 Years ·         Maximum Maturity Age               : 65 Years ·         Term Period                                     : 15 Years ·         Minimum Sum Assured                : Rs. 25,000/- ·         Maximum Sum Assured               : As per income source ·         Premium Payment Frequency     : Yearly, Half Yearly, Quarterly and Monthly ·         Nominee (child) age                      :Till age 16 yrs ·         Age computation                          : Age next birthday ·         Rs. 1 rebate is provided Policy Benefits: Survival Benefits: 25% of Sum Assured after completion of first 5 years 25% of Sum Assured after completion of second 5 years 50% of Sum Assured plus bonus on maturity Death Benefits: Premium payment shall be waived till maturity Regular anticipated installment shall be paid even after the death of assured 50% of Sum Assured plus Entire bonus earned shall be paid to the nominee (child) on maturity    Rider Benefits: Accidental Death Benefit (ADB) up to Rs. 2,500,000.00 in additional Rs. 1.00 per thousand. Waiver of Premium (WOP) benefit shall be taken in additional Rs. 2.00 per thousand. Other benefits: Paid up and surrender claim shall be provided Loan Facility provided. Tax exemption as per ITA,2058

This plan is designed to meet the career needs of the children. It is intended to fulfill educational and start-in life needs of the child. Benefits of Plan are payable on maturity date with minimum of 11 years term and maximum of 20 years. Plan assures continuity without interruption in absence of financial support proposer, in case of his or her untimely death upon which no further premium payments is necessary and income is also provided at rate of 1% of Sum Insured per month for remainder of policy period. Terms and Conditions: Minimum Age (Child/Insured): 1 year Maximum Age (Child/Insured): 15 years Policy Term (Minimum): 11 years Policy Term (Maximum): 20 years Minimum Sum Insured: 1 lakh Maximum Sum Insured: As per Income Source Proposer: Father or Mother or Legal Guardian Entry Age for Proposer: 20 to 50 years Maximum Age of Proposer at Maturity: 70 years Proposer Sum Insured (Term Plan): 25% or 50% of Sum Insured Age Calculation: Age Next Birthday Paymode: Yearly, Half Yearly, Quarterly, Monthly Medical Test: As per company rules   Rebate/Extra Paymode (Rebate/Extra) Monthly: 6% Additional Quarterly: 4% Additional Half Yearly: 3% Additional   Survival Benefit:   If Insured and Proposer both survive at end of maturity period, Sum Insured and Applicable bonus is paid.     Death benefit (Death of Insured(Child)): A. Before Risk Start Date: Premium paid (except for premium for Term Insurance Proposer) will be paid in full.   B. After Risk Start Date: 25% of Sum Insured or (Total Premium Paid + Applicable Bonus) whichever is higher will be paid in full.     Death Benefit (Death of Proposer before Insured): Remaining Premium payment is waived and 1% of Sum Insured shall be paid monthly to Insured from next month.     Death Benefit (Death of Both Proposer and Insured) Following benefits are paid:- A. Proposer Sum Insured B.           In case of Death before Risk Start Date, Premium paid till date is paid                In case of Death after Risk Start Date, 25% of Sum Insured or (Total Premium Paid + Applicable Bonus) whichever higher is paid.