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This is yet a new insurance policy from Tata AIG Life that has been planned specifically for the children. This one is a Child Endowment Policy that helps to complete the needs of the children.
Some of the key features of Tata AIG Life Starkid policy are as follows:
In this very insurance policy the child is free to receive cash benefits, which is 20(%) percent of the total sum that has been secure under this policy. The benefits would be offered by the insurance company at the age of 18, 19, 20, 21 & 22.
The amount of premium that is to be paid for keeping the policy in a healthy circumstance is very flexible and reasonable as well. The term for the payment of premium is yearly, quarterly, half-yearly and monthly. Therefore the insured is getting ample of choice to make the payment of the premium very simply.
In this insurance policy the child doesn’t need to undergo during medical examination and for this reason there is no need to there any medical certificate for the child.
The money-back guarantee feature is also available in this policy. This characteristic allows the insured to return the policy within 15 days of the receiving. After this the money after facing the deduction of nominal administrative charges, would be returned to the policy holder.
The Tata AIG Life Starkid policy offers ample benefits to the insured and some of them are as follows:
The policy offers tax benefits to its policy holder. This way that the premium that has been paid for this policy is eligible for tax assumption as per the Indian Income Tax Act 1961.
The policy also features an inherent person paying benefit rider under which all the future premiums are waived off due to death or disability of the insured during the term of premium payment.
Some of the key features of Tata AIG Life Starkid policy are as follows:
In this very insurance policy the child is free to receive cash benefits, which is 20(%) percent of the total sum that has been secure under this policy. The benefits would be offered by the insurance company at the age of 18, 19, 20, 21 & 22.
The amount of premium that is to be paid for keeping the policy in a healthy circumstance is very flexible and reasonable as well. The term for the payment of premium is yearly, quarterly, half-yearly and monthly. Therefore the insured is getting ample of choice to make the payment of the premium very simply.
In this insurance policy the child doesn’t need to undergo during medical examination and for this reason there is no need to there any medical certificate for the child.
The money-back guarantee feature is also available in this policy. This characteristic allows the insured to return the policy within 15 days of the receiving. After this the money after facing the deduction of nominal administrative charges, would be returned to the policy holder.
The Tata AIG Life Starkid policy offers ample benefits to the insured and some of them are as follows:
The policy offers tax benefits to its policy holder. This way that the premium that has been paid for this policy is eligible for tax assumption as per the Indian Income Tax Act 1961.
The policy also features an inherent person paying benefit rider under which all the future premiums are waived off due to death or disability of the insured during the term of premium payment.
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