Child Plans
Max Life Future Genius Education Plan
Synopsis:
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A Non-Linked Participating Savings Insurance Plan
Features:
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- Financial security
- Guaranteed moneybacks
- Flexibility to invest depending on child's graduation needs
- Bonus options
- Tax Benefits
Benefits:
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- Death Benefit - Payable immediately at the time of death of the Life Insured.
- Maturity Benefit - Amount payable at the end of the policy term.
- Customize a plan suited for your child with the premium, Sum Assured and the plan option of your choice.
- Paid Up Additions (PUA) Withdrawal Option - The Policyholder can take the Surrender Value of the accrued PUA (partially or in full).
- Discounting and Deferment Options- With an aim to match your child’s education needs, the policy offers you the flexibility to discount and/or defer the Moneyback payments.
- Moneyback Option - Four Moneybacks each totaling to 25% of Sum Assured is payable in the last 4 policy years.
Eligibility:
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Minimum entry age : |
21 years |
Maximum entry age : |
45 years |
Maximum Maturity Age : |
66 years |