Education Insurance Plan

Eligibility Criteria
Criteria Eligibility
Entry Age Life Insured
Minimum: 21 years
Maximum: 55 years
Child
Minimum: 0 days
Maximum: 18 years
Maturity Age Maximum age for Life Insured: 70 years
Policy Term 10 years (only available as 5 pay) or
15 to 25 years, pick a term, Regular Pay
Premium Payment Options 5 Pay or
Regular pay
Minimum Annual Target Premium Minimum: Rs. 24,000 (for terms 15 through 25 years, pick a term) Minimum: Rs. 50,000 (for 5 pay/10 years variant)
 
Maturity Benefit:
 
University Education Pool (fund value) along with the University Education Pool Booster (loyalty additions in the last 6 policy years)
 
Premium Payment Term Loyalty Additions as a % of ATP to be added in each of the last 6 policy years
10 years 5 %
15 to 25 years (Term * 2) %
 
Settlement Option:
On maturity you can take your entire money in a lump-sum or opt for a settlement option wherein:
  • You will receive periodical payments
  • Policy will continue without Death benefit for a maximum of 5 years, where it will continue to remain invested
 
Living Benefit:
 
  • University Education Pool Booster in the form of loyalty additions to be added in the last 6 policy years
  • Upgrade Premium for Sibling through a step up of 50% from the current premium on the birth of second child
  • Talent Enhancement Withdrawal
 
Death Benefit:
 
  • Immediate Family Support which is 100% of sum assured
  • University Education Support through funding of all the future premiums
  • School Fees Support in the form of 10% of initial sum assured every year
  • University Education Pool paid out on original maturity date
  • University Education Pool Booster

Call 9810158868

Send us an email with your contact details and phone number.

email: sales@recomsys.net

Offers available in

Faridabad Delhi Gurgaon Noida Areas