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A plan that gives you a joint life cover for you and your child and  a guaranteed amount  when you require
Dream child.jpg

The best education, a successful career, a business start-up or wedding plans… when it comes to planning for your child's future; you want to ensure that these dreams are fulfilled under all circumstances. Presenting the BSLI Dream Child Plan - a plan that gives you a Guaranteed Savings Amount on the date of your choice to fulfill your child's dreams and a range of options to enhance the financial security of your loved ones.
 
This plan offers you:
 

• Guaranteed Savings Amount on date of your choice
• Joint life cover for you and your child
• Enhanced financial security for your loved ones

 
How BSLI Dream Child Plan works:
 
1. You choose the Guaranteed Savings Date that suits your objectives. Your Guaranteed Savings Date is the policy anniversary when your child's attained age is from 18 to 27 years, subject to a minimum of 10 policy years.
2. Your Policy Term will be your Guaranteed Savings Date + 20 years.
3. You decide the Basic Premium you want to pay every year.
4. You will receive Basic Sum Assured which is the minimum death benefit payable on the demise of the primary life insured. The Basic Sum Assured is automatically determined as your Basic Premium multiplied by:
  • The higher of 10 or the number of years to maturity divided by 2, for entry ages below 45; or
  • The higher of 7 or the number of years to maturity divided by 4, for entry ages 45 and above
5. You have an option to choose an Enhanced Sum Assured to increase the financial security for your loved ones. With this option you can choose any amount of additional life cover over and above the Basic Sum Assured at a nominal cost.
6. You have an option to choose from our range of riders to further customize the financial security of your loved ones.
 Plan Summary
 
Entry Age - Grand/Parent- Child
18 - 65 years, provided age on Guaranteed Savings
Date is 75 or less
30 days - 17 years
Guaranteed Savings Date
Child's age 18 - 27, subject to minimum of 10 policy years
Policy Term
Guaranteed Savings Date + 20 years
Basic Premium
Minimum Rs. 12,000 p.a. if paid annually
 
Minimum Rs. 15,000 p.a. if paid semi-annually
 
Minimum Rs. 20,000 p.a. if paid quarterly
 
Minimum Rs. 24,000 p.a. if paid monthly
Pay Term
Years to Guaranteed Savings Date
Enhanced Sum Assured
Minimum Rs. 50,000
 
Not exceeding Basic Sum Assured
 
Disclaimer
Birla Sun Life Insurance - BSLI Dream Child Plan - are only the names of the Company and Policy respectively and do not in any way indicate their quality, future prospects or returns. The premium paid in unit linked life insurance policies are subject to investment risk associated with capital markets and the unit price of the units may go up or down based on the performance of investment fund and factors influencing the capital market and the policyholder is responsible for his/her decisions. Tax benefits are subject to changes in the tax laws. Insurance is the subject matter of solicitation. Investment risk in the investment portfolio is borne by the policy holder. For more details on risk factors , terms & conditions , please read sales brochure carefully before concluding the sale’. Regd. Office: One Indiabulls Centre, Tower 1, 16th floor, Jupiter Mill Compound, 841, Senapati Bapat Marg, Elphinstone Road, Mumbai - 400 013. Reg No. 109
Unique No.: 109L065V01