Bajaj Allianz Young Assure – Child Education & Future Plan which is an effective child insurance plan by Bajaj Allianz insurance company has become the most preferred choice among investors to secure the future of their children. The plan is basically a traditional participating regular and limited premium payment endowment plan to ensure a bright future for your loved ones. The key advantages of this child plan are:
- Different premium payment options to make sure that the money is there for the crucial stages of your child’s life such as child education, marriage etc.
- Under the same, there will be guaranteed Maturity Benefit (GMB), guaranteed Additions (GA) and bonuses to ensure a good return.
- Around 3 cash installment options to select from just to match the future financial needs of your child.
- Coverage in case of death or accidental disability
- Allows to enhance coverage with rider benefits
- Special discounts to women
As per the expert of the industry, it is an effective child insurance plan and the affordable price is attracting more and more customers towards it. Flooded with great benefits, the plan provides a peaceful life to all parents.
With a wide range of benefits, parents found it attractive in terms of securing their child future and crucial stages of their life. The plan also provides the death benefits, accidental permanent total disability benefit along with optional rider advantages. The policy can be surrendered by the policyholder at any time, provided at least 1 full year’s premium has been paid if premium paying term is less than 10 years or at least 2 full years’ premiums have been paid if premium paying term is 10 years or more.