Aviva Young Scholar Secure is a non-linked non-participating insurance plan specially designed to provide for the future educational landmarks of a child. This plan offers guaranteed returns and ensures annual cash inflows to meet the ever-rising educational costs of a growing child.
|
Minimum |
Maximum |
Policyholder’s age at Entry (complete) |
Parent (life insured): 21 – 50 years Child (nominee/beneficiary): 0 – 12 years |
|
Policyholder’s age at maturity (complete) |
- |
71 years |
Policy Tenure |
(21 – child’s entry age) years |
|
Premium Payment Term |
For child entry age 0 – 8: 13 years minus age of child For child entry age 9 – 12: 5 years |
|
Premium Paying Frequency |
Yearly, Half-yearly, Monthly |
|
Annual Premium |
Dependent on Option chosen: Silver – Rs. 25000 Gold – Rs. 50000 Diamond – Rs 100000 Platinum – Rs. 200000 Rs. 400000 Rs. 600000 Rs. 800000 Rs.1000000 |
|
Sum Assured |
Dependent on Option Chosen |
Age of life insured (Yrs) |
Policy year |
Annual Premium (Rs.) |
Guaranteed Survival Benefit (Rs.) (at year end) |
Guaranteed Death Benefit (Rs.) |
Guaranteed Maturity Benefit (Rs.) (at year end) |
25 |
1 |
250000 |
- |
537500 |
- |
26 |
2 |
250000 |
- |
537500 |
- |
27 |
3 |
250000 |
- |
537500 |
- |
28 |
4 |
250000 |
- |
537500 |
- |
29 |
5 |
250000 |
- |
537500 |
- |
30 |
6 |
250000 |
- |
537500 |
- |
31 |
7 |
250000 |
- |
537500 |
- |
32 |
8 |
250000 |
- |
537500 |
- |
33 |
9 |
250000 |
- |
537500 |
- |
34 |
10 |
250000 |
- |
537500 |
- |
35 |
11 |
250000 |
- |
537500 |
- |
36 |
12 |
250000 |
15000 |
537500 |
- |
37 |
13 |
- |
15000 |
537500 |
- |
38 |
14 |
- |
15000 |
537500 |
- |
39 |
15 |
- |
15000 |
537500 |
- |
40 |
16 |
- |
15000 |
537500 |
- |
41 |
17 |
- |
40000 |
537500 |
- |
42 |
18 |
- |
- |
537500 |
- |
43 |
19 |
- |
- |
537500 |
- |
44 |
20 |
- |
- |
537500 |
422500 |
The insured needs to fill up the Application Form and submit it along with:
You may also like to read : Aviva Life Child Plans |