Children's Education & Marriage Endowment Insurance

Children's Education & Marriage Endowment Insurance

• is adopted for the management of necessary amount required for the education and marriage of children so as to ensure their bright future

• in case the insured dies prior to the maturity of the insurance period, the child so desired gets the cumulative insurance sum and the bonus only upon the maturity of such period

• additional premium need not be paid

• In case the insured is alive, then he/she is entitled to receive such cumulative sum upon the maturation of insurance period

• This insurance is done in the name of respective children from their birth till 8 years of age with a view to fend off any obstacles that may come in the way of their future educational needs

• A premium waiver benefit has also been added to this scheme wherein in case the proposer (parent) dies within the insurance period, payment of premium is exempted.