Request received - loud & clear!
Returning you to where you were...
Child plans, in simple terms, are insurance policies that help take care of any future needs related to a child, including education and wedding. These plans come with the dual benefit of investment and insurance, and generally provide payouts that is at least 10 times the total premium paid during the policy period. Such plans are best for individuals who want to save for their children but are averse to investing in the equity market directly.
At present, Aegon Life, a partnership between Europe-based Aegon NV and The Times Group, offers just one child plan called the Rising Star Insurance Plan. This is a market-linked insurance policy that allows you to save money for your child’s future, whether it is for education or for important milestones such as first vehicle or wedding. The death benefit is equal to 105% of premiums paid or sum assured, whichever is greater, and maturity benefit would be the fund value. The noteworthy details of this plan are:
The content on this website is meant only for general information purpose and does not and shall not be construed as any solicitation, procurement, display, aggregation, marketing or advertisement of insurance products. BankBazaarInsurance is not an insurance intermediary and hence does not endorse or solicit any such products. The information on this website is derived from publicly available sources and BankBazaarInsurance cannot verify or confirm the genuineness, truth, veracity or authenticity of this information.
Display of any trademarks, tradenames, logos and other subject matters of intellectual property belong to their respective intellectual property owners. Display of such IP along with the related product information does not imply BankBazaar's partnership with the owner of the Intellectual Property or issuer/manufacturer of such products.