Give ₹ 1 lakh/ year for 10 years Get₹ 21.58 lakhs guaranteed benefits1
Child Insurance Plan
Why Should You Buy a Child Insurance Plan?
Features of a Child Plan
Benefits of child protection plan insurance
How Does a Child Insurance Plan Work?
What are the Child Insurance Riders?
Riders are additional benefits that can be added to your child's insurance policy for enhanced protection. Some popular riders for the insurance plan for child include:
Why should you get child insurance riders?
Eligibility Criteria for Child Insurance Plans
Documents Required for Buying Child Insurance
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FAQs on Child Insurance Plans
Latest Life Insurance Articles
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Disclaimer
* Tax benefits are subject to changes in tax laws. You are advised to consult your tax advisor for the same.
# Provided all due premiums are paid.
¹ABSLI 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%
²ABSLI Vision Star Plan, age 30 years, male, sum assured Rs.50 lakhs, premium: Rs.936511/- (including GST) premium paying term 5 years, pay frequency: annual, Assured Payout Option: Policy option B, policy term:14 years, death benefit: Rs.92,22,000 lakhs, Bonus Type: Simple Reversionary.
ABSLI Vision Star Plan (UIN: 109N096V03) is a traditional participating life insurance plan. All terms & conditions are guaranteed throughout the policy term, except for the bonuses which would be declared at the end of each financial year. GST and any other applicable taxes will be added (extra) to your premium and levied as per extant tax laws. Some benefits are guaranteed and some benefits are variable with bonuses based on the future performance of the participating business and economic conditions. If your policy offers guaranteed returns then these will be clearly marked "guaranteed" in the illustration table on this page.
ABSLI Child Future Assured Plan (UIN: 109N124V01) is a non-linked non-participating individual life insurance savings plan. All terms & conditions are guaranteed throughout the policy term. GST and any other applicable taxes will be added (extra) to your premium and levied as per extant tax laws. An extra premium may be charged as per our then existing underwriting guidelines for substandard lives, smokers or people having hazardous occupations etc. The insurance cover for the life insured (including minors) will commence on the policy issue date.
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