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Children Plan Traditional
Children's ULIP Plans

12 results for Children's Plans (Mumbai)

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Policy Name
 
 
Type Of
Plan
 
  		Life
assured 		Assured
bonus
Child
age at
Maturity
 
 Loan Avail-
able
12 policies match your criteria from 35 available.
ICICI Pru - Smart Kid Plan - Option 2 Moneyback Parent Yes   25   No
Death benefit: Sum assured is paid and all future premiums are waived  
Maturity benefit: 20 per cent of sum assured plus Guaranteed addition plus Vested Bonus  
Expert comment: Guaranteed 3.5% of SA compounded annually for first 7 years of the policy.  
Bajaj Life - ChildGain 24 Plus Moneyback Child DNA   24   No
Death benefit: 1) Below 7 years - Premiums paid will be refund without interest, 2) Above 7 and below 18 years - Sum assured with accrued bonuses 3) Above 18 years - Outstanding payouts paid as lumpsum.  
Maturity benefit: 40 per cent of sum assured  
Expert comment: In case of death or accident of insured during policy term, 1% of SA maximum to Rs. 10,000 paid per month till end of term of policy  
Kotak Life - Child Advantage Plan Endowment Child DNA   NA*   Yes
Death benefit: Life insured is atleast 18 years then higher Sum assured or accumulation account. Life insured is less than 18 years then higher of total of all premiums paid (excluding rider premiums) so far or the surrender value at that time  
Maturity benefit: Higher of sum assured or accumulation account  
Expert comment: It is a systematice investment plan which provides an effective investment avenue for planning your children`s future.  
LIC - Jeevan Anurag - RP Moneyback Parent DNA   NA*   Yes
Death benefit: Sum assured  
Maturity benefit: 40% of sum assured plus vested bonus plus final bonus (if any)  
Expert comment: Option to buy extra life insurance at a nominal cost  
SBI Life - Scholar II Moneyback Parent DNA   21   No
Death benefit: Sum assured plus vested bonus  
Maturity benefit: 25 percent of Sum Assured plus Vested Bonus  
Expert comment: Attractive rebate on premiums for Female lives and High Sum Assured  
Tata Life - Assure Educare at 21 ( edow) Endowment Child DNA   21   Yes
Death benefit: Sum assured plus guaranteed additions (if applicable) plus accrued bonus  
Maturity benefit: Sum assured plus guaranteed additions (if applicable) plus accrued bonus  
Expert comment: In case of non payment of premiums, the amount due will be advanced as a loan automatically.  
Met Life - Met junior Money back Money Back Child DNA     No
Death benefit: Sum assured plus Guaranteed Addition  
Maturity benefit: Survival Benefits plus the Guaranteed Addition.  
Expert comment:  
HDFC- Children's Plan Endowment Parent DNA   Not applicable   No
Death benefit: Sum assured plus bonuses declared.  
Maturity benefit: Sum assured plus bonuses declared.  
Expert comment: Can be bought by any parent for their child for their bright future.  
Reliance Life - Child Plan Moneyback Parent DNA   NA*   Yes
Death benefit: Sum assured is paid and all future premiums are waived  
Maturity benefit: 25 per cent of sum assured plus accrued bonus  
Expert comment: Attractive rebate on premiums for High Sum Assured  
ING Life - Creating Star Guranteed Future Endowment Both Yes     Yes
Death benefit: Sum Assured and guaranteed additions  
Maturity benefit: Sum Assured plus guaranteed additions  
Expert comment: Gives your child a lumpsum at maturity to support his higher education/ marriage  
Future Generali - Child benefit plan option at 21 Moneyback Parent DNA   Not applicable   Yes
Death benefit: Sum Assured plus guaranteed additions plus bonuses if any.  
Maturity benefit: Sum assured plus guaranteed additions plus vested bonuses.  
Expert comment: Can be bought by any parent for their child for their bright future.  
Shriram Life - Vidya Moneyback Parent Nil   NA*   Yes
Death benefit: Sum Assured plus vested bonuses.  
Maturity benefit: Sum Assured plus accrued bonuses  
Expert comment: In case of death or accident of insured during policy term, 1% of SA paid per month till end of term of policy  
NA* = Not Applicable


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