Friday 7 October 2011

SBI Life's Scholar II Plan - Triple Benefit

A policy for your Child’s higher education i.e. when your child turns 18 years old. Option to receive maturity benefits either in 4 installments or in a lump sum.

No tension about the escalating higher education costs. You will have enough savings just at the right time i.e. when your child turns 18 . 

Triple Benefit: (in the unfortunate event of your death)

    i) family receives the Sum Assured immediately
   ii) all future premiums paid by the company i.e., SBI Life Insurance Company Ltd.
  iii) your child is paid another Sum Assured when your child turns 18 years of age which can be used for his/her higher education


In this policy the Life Assured is the parent and term of the policy depends on the age of the child. The premiums you pay are exempted from tax u/s 80C.




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Refer or Forward this to those PARENTS who want to secure their child's Higher Education - Thank You....

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