SBI Insurance Plans For Children

Tell me about SBI Insurance Smart Scholar Child Plan?

Following are some key features of SBI Insurance Smart Scholar Child Plan.

Key Features:

Secure your child’s future by gaining from the financial markets and much more.

Dual protection for your family, in case you are not around –Payment of base Sum Assured and

Inbuilt Premium Payor Waiver benefit to ensure continuance of your benefits.

Accident Benefit which includes Accidental Death benefit and Accidental Total and Permanent Disability (Accidental TPD) benefit, is an integral part of the plan.

Free allocation of units by way of regular Loyalty Additions, giving periodic boosts to your investments.

Enhanced investment opportunity through 9 varied fund options including P/E Managed Fund, Index Fund & Top 300 Fund.

Twin benefits of market linked return & insurance benefit.
Liquidity through partial withdrawal(s).

Age at Entry:
Child:
Min: 0 years
Max: 17 years

Proposer:
Min: 18 years
Max: 57 years

Max. Age at Maturity: 65 years

Policy Term
Min: 8 years
Max: 25 years less child’s age at entry
(On Maturity, the age of child should be between 18 to 25 years)

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