BSLI Vision Star Plan is a traditional Money Back Child Plan designed to secure the child’s future even if the parent is not around thus giving the parent peace of mind
|
Minimum |
Maximum |
Entry Age (Last Birthday) |
18 years |
55 years |
Maturity Age (Last Birthday) |
- |
75 years |
Policy Term (PT) in years |
14 / 16 |
21 / 23 |
Premium Paying Term (PPT) in years |
5 |
12 |
Premium Paying Frequency |
Annual, half-yearly, quarterly, monthly |
|
Premium |
Depends on SA, age, term and PPT |
|
Sum Assured |
100,000 |
No limit |
Annual premium in Rupees for a 40 year old male with a term of 21 years and PPT of 15 years under Option A
Premium |
22,392 |
Sum Assured |
250,000 |
Assured payout in 15th and 17th year |
50,000 |
Assured payout in 19th and 21st year |
75,000 |
Maturity Benefit @ 4% |
42,000 |
Maturity Benefit @ 8% |
241,500 |
Policyholder has to fill up an ‘Application form/ proposal form’ with accurate medical history along with the address proof and other KYC documents. Medical examination may be required in some cases, based on the sum assured and the age of the person.