How life insurance can help you with your child's dreams
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Table of Contents
- What is a child insurance plan?
- How does a child insurance plan work?
- Features of child life insurance plans
- How can a child insurance plan benefit you and your child?
- WHY LIFE INSURANCE IS MORE TAX-EFFICIENT THAN OTHER INVESTMENT OPTIONS
- ONE PLAN THAT COVERS ALL YOUR LIFE GOALS - INCLUDING YOUR CHILD'S BIGGEST MILESTONES
- Conclusion
What is a child insurance plan?
How does a child insurance plan work?
Features of child life insurance plans
How can a child insurance plan benefit you and your child?
WHY LIFE INSURANCE IS MORE TAX-EFFICIENT THAN OTHER INVESTMENT OPTIONS
ONE PLAN THAT COVERS ALL YOUR LIFE GOALS - INCLUDING YOUR CHILD'S BIGGEST MILESTONES
Conclusion
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Disclaimer
1Provided all premiums are paid.
3ABSLI Child’s Future Assured Plan. Plan option: Education & Marriage Milestone. Male | Age: 35 years | Policy term: 25 years | Premium paying term: 10 years | Education milestone benefit period: 3 yrs & Education assured benefit start term: 15 yrs | Marriage assured benefit start term: 25 years | Annualized premium: ₹1,00,000 (excluding tax) | Total Benefits Payout: Rs 21,58,664 [Education Milestone Payout: Rs 10,79,332 (policy year 15,16,17) and Marriage Milestone Payout: Rs 10,79,332 (policy year 25)] | Age of Child: 0 years, Child as a nominee | Sum assured multiple for marriage: 100%
ABSLI Child Future Assured Plan (UIN: 109N124V01) is a non-linked non-participating individual life insurance savings plan
ABSLI Guaranteed Milestone Plan (UIN: 109N106V10) is a non-participating traditional insurance plan.
ADV/9/21-22/1105
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