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ICICI
Prudential
SmartKid (Single
Premium) - New Unit-linked
plan
Smart Kid
(Single
Premium) - New Unit-linked
plan
The plan is a cost effective policy which
requires a lump sum one time investment. You can withdraw money to meet your
expenses at different stages of the child's education. The policy offers you
high returns on your investment.
To Know more you can use these
alternative links:-
Features
- A lump sum amount payment of the sum assured and policy
continues in the event of an unfortunate event of death.
- Withdrawal facility available at different stages of your
child's education
- If clubbed with a Income benefit rider the child will
receive a annual allowance every year toll maturity in the case of the death
of the parent.
- If invested in unit linked funds higher returns over long
term assured.
- Tax benefits on the premiums available.
The working of the policy
- Choose a single premium amount that you wish to invest. The
sum assured will be equal to 5 times the single premium amount.
- Choose the maturity age of the child from 18 - 25 years.
The term of the policy would be equal to the chosen maturity age less current
age of child.
- After the premium allocation charges are deducted, the
balance amount is invested in the investment funds of your choice.
- There are add on riders available for the policy.
- In case of survival the maturity bnfit is paid to you and
in the event of the death of the parent the child gets the sum assured and
the benefits of the policy contiunues.
 |
Call toll free
(MTNL/BSNL)
1800-22-2020 |
Maturity benefit
You receive the Fund value at the time of
maturity. One can also have settlement options. Maturity benefit will be given
even if the parent dies during the term of the policy.
Surrender of policy
The surrender values are available after deducting surrender
values are available to you after deducting surrender charges and that would
depend upon the number of policy years completed.
For more details visit www.iciciprulife.com
Or call toll free number - 1600 222020
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