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Product Information

Child Plans Reliance Education Plan

Synopsis:

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You put all your effort in raising your children and want them to achieve 100% success in every challenge that life throws at them. You need a suitable financial plan that ensures you don’t compromise on your goals for your child’s future and provides you with funds when you need them.

Benefits:

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Guaranteed achievement of your child’s future dream: Receive guaranteed benefits at maturity of the policy, even in your absence
Benefits :
Self Starter: A single lump sum for your child’s ambition
Post Graduation Degree: 2 annual payouts for your child’s post-graduation
Professional Degree: 4 annual payouts for your child’s professional degree
Career Starter: 5 annual payouts to fund your child’s higher education and provide a career launch pad
Protect your child’s future even in your absence
Choose between two Death Benefit options:
Option I - 100% of Death Benefit as an immediate lump sum on death
Option II - 50% of Death Benefit as a lump sum on death and remaining as an income for next 10 years
On death, all future premiums are waived and the plan benefits continue
Enhance your protection coverage through riders at a minimal cost
Pay as you like: Choose how long you want to pay – 5, 7, 10 years or Regular Premium
Liquidity: Avail loan facility to meet unforeseen needs
Tax benefits: Avail tax benefits, as per the applicable income tax laws

Highlights:

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Protect your child's future even in your absence.
Be 100% confident about your child's future.
Allow your children to choose their own destiny.
Choose a specialist plan as per your child's future needs.
Plan never to compromise on your child's development.

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