Surakshit Bal Bhavishya Yojana
OtherPopular
Sum assured
Rs 25,000
Premium / yr
Rs 2,500
Term
8–25 yrs
Entry age
18–55
About this plan
A child-focused life insurance plan to secure a child's future. Provides financial protection for education and long-term needs, with benefits on maturity, survival payouts and proposer-death protections.
What's included
Key highlights
- Entry age (child): 1 month – 17 years
- 1.5% of Sum Assured paid yearly as survival benefit
- Up to 90% loan against surrender value
Features
- Financial protection for children's education and long-term needs
- Yearly survival payout of 1.5% of Sum Assured until maturity
- Maturity benefit: Sum Assured plus accrued guaranteed additions
- Future premiums waived on proposer death
- Premiums returned if death occurs before risk start
- Surrender allowed after 3 years; up to 90% loan against surrender value
Eligibility & term
- Entry age
- 18 – 55 years
- Policy term
- Minimum 8 years - Maximum 25 years
Optional riders
Accidental death (ADB)PTD / PWBCritical illness (CI)
No optional riders are attached to this plan.
Other plans from Liberty Micro life Insurance
Premium / yr
Rs 2,500