Child Plan

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Child Insurance Plans

• A brief overview

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What is a Child Insurance Plan

• A Child Insurance Plan can help secure your
  childs future by providing a lump-sum amount at
  maturity.
• This also takes into account inflation rates, so
  you can provide your child with the education
  he/she deserves.
• Child Insurance is needed because traditional
  practices like fixed deposits and savings
  accounts are not adequate anymore and are
  outdated.
• Aegon Religare offers the Rising Star Plan.

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Rising Star Plan

• You can invest your chosen premium amount in a
  choice of 4 funds OR a unique Invest Protect
  option
• In case of death, the nominee receives the higher
  of assured sum OR 105 of premiums paid
• The nominee also receives an amount equal to the
  annual premium every year
• All future premiums are waived, and they are paid
  into the Policy Fund Value, which is given to the
  nominee upon maturity

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Rising Star Plan

• Upon maturity, you can choose to get the fund
  value on the maturity date entirely, or go for
  the Settlement option
• The benefits received and the premiums paid will
  be eligible for tax benefits as per the
  prevailing tax laws
• After 5 policy years, 20 of the fund value at
  the beginning of the policy year can be withdrawn
• You can shift your investments from one fund to
  another, up to 4 times a year for free

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Rising Star Plan

• You can top-up your premium any time after the
  first policy year, except for the last 5 years,
  with a minimum of Rs.5,000
• The policy can be discontinued at any time, and
  the discontinuance value is paid after the first
  5 years. The applied discontinuance charges
  depend on the period for which you have paid
  premiums. There is no charge for top-ups or if
  the policy is being discontinued after 4 years of
  completion

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Rising Star Plan

• The minimum annualized premium is
  Rs.20,000/Rs.30,000 p.a.
• The policy term is (25 years childs age at
  entry)
• The premium payment term is the same as the
  policy term

Minimum Sum Assured Minimum Sum Assured
If age is less than 45 years Higher value between 10x Annual Premium OR (0.5 x Policy Term x Annualized Premium)
If age is more than 45 years Higher value between 7x Annual Premium OR (0.25 x Policy Term x Annualized Premium)
Max Sum Assured 30x regular annualized premium
Maturity Age Max - 75 years
Payment options Yearly, half-yearly, monthly
Entry Age Entry Age
Parent (Life Assured) 18-60 years
Child(Nominee) 1 day - 15 years
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Contact Info

• Website - www.aegonreligare.com
• Corporate and Registered OfficeAEGON Religare
  Life Insurance,2nd Floor, Paranjpe B Scheme,
  Subhash Road, Near Garware House,Vile Parle
  (E), Mumbai - 400 057.

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Thank You