Parents always strive for the best when it comes to their children and their future. Everyone knows that in the current local context, appropriate academic qualifications are a gateway to a flourishing and secure future. Nonetheless, saving on a regular basis to ensure the academic progress of your child might have its flaws, as we are never safe from unpredicted circumstances.
Fortunately, ILA can provide you with financial security during the key moments of your child's life through its Education plans, optimally blending an insurance and savings plan to ensure your child's learning curriculum never goes interrupted.
|Maturity Benefit||Payable in January, in the year in which the child attains:
|Death Benefit||In case of death / Total & Permanent Disability of the life insured parent before the maturity date|
|Total & Permanent Disability (TPD) Benefit||
|Age at Entry for Parent||20 - 40 Years|
|Age at Entry for Child||1 - 5 Yrs AGE NEXT B'DAY|
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