Citizen Child Future Plan Plus
Child
About this plan
A with-profits endowment assurance plan to help parents build a fund for a child's future expenses (education, rituals etc.). The child is the Life Assured and a parent is the Proposer.
What's included
Key highlights
- Child-focused with-profits endowment
- Multiple optional riders
- Clear risk commencement rules for child and proposer
Features
- Covers child as Life Assured and parent as Proposer
- Death benefit covered
- Maturity benefit: Sum assured plus vested bonus
- Optional riders available (Term, PTD, Premium Waiver, MIB, Critical Illness, Funeral Expenses)
- Premiums waived on proposer’s death
Eligibility & term
- Entry age
- 21 – 60 years
- Policy term
- 5 - 25 years
Declared bonus
Term-wise Breakdown
FY 2081/82
| Tenure (Years) | Rate (per '000) |
|---|---|
| 0-9 | Rs. 40 |
| 10-14 | Rs. 44 |
| 15-19 | Rs. 47 |
| 20-24 | Rs. 52 |
| 25-29 | Rs. 67 |
Reversionary bonus rates declared for the latest fiscal year based on policy term. Rates are revised annually and are not guaranteed for future years.
Optional riders
Accidental death (ADB)PTD / PWBCritical illness (CI)
Still have a question?
Send it to an advisor and read the reply in your dashboard.
Other plans from Citizen Life Insurance
Premium
Quote on request