Description

The Child Education and Marriage Plan is a endowment and savings policy designed to secure a child’s financial future for higher education, starting a business, or marriage.

Key Features & Mechanics

Maturity Goal: Set payout to coincide with age 18, 21, or 25.

Eligibility (Parent/Payer):Age range from 20 to 60 years.

Maximum Maturity Age: Up to 70 years for the policyholder.

Maturity Benefit:Full sum insured plus accrued bonuses paid in lump sum.

Protection in Case of Policyholder’s Death

Premium Waiver: All future premium payments are completely waived.

Family Income Benefit: Pays stipend on annually to the child.

Continuation: Policy remains active and continues accumulating bonuses until the original maturity date.

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Be the first to review “Child Education & Marriage Plan”

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Hospitality
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