A traditional participating plan, SBI Life Insurance Scholar II Child Plan has guaranteed benefits which are payable at the regular intervals during the term of the policy. In an unfortunate event, your nominee would receive full sum assured along with vested bonus, plus regular guaranteed survival benefit.
Twin benefit of saving for your child’s education and securing a bright future despite the uncertainties of life.
Full risk cover throughout the policy term irrespective of payment of survival benefits installments.
Option to receive the installments in lump sum at the due date of first installment of Survival benefit.
Rebate for Female lives and High Sum Assured.
15 days Free Look Period.
Premium Payment Term ( PPT)
18 – Childs Age at entry
21 – Childs Age at entry ( You are covered till the child attains 21 years of age)
Monthly / Quarterly / Half Yearly / Yearly ( Single Premium also available)