Mtwealth

Ideal for planning your child's career goals
Moderate premiums
Multiple premium payment frequency to choose from
Premium Discount available for higher Sum Assured (SA).
Premium Waiver option – to ensure that the planned benefits will be paid to the child – with or without you
Life Cover to the extent of 125% of Sum Assured + Bonus + Final Additional Bonus (as applicable)
Survival Benefit: Option to take 5%, 10% or 15% of sum assured as survival benefit every year from 20 to 24 years of child's age
Maturity Benefit: Sum Assured (or Balance SA, if SB is chosen) + Bonus + Final Additional Bonus as applicable, will be paid on completion of 25 years of age
Loan is available any time after 2 policy years (after 1 years incase Premium paying term is less than 10 years)
Policy can be back dated.
Premium Paid is TAX EXEMPTED u/s 80 C
All returns from the policy are TAX FREE u/s 10 (10) (D)
Free lookup period for 15 days

Eligibility Criteria
	Min.	Max.
Age	90 days	12 years
Term	13 years	25 years
PPT	8 years	20 years
Sum	75000	No Limit
Premium Modes	Yearly, Half Yearly, Quarterly & Monthly (SSS or ECS only)

Yearly Premium for 10 lac Sum Assured
Age	Option 1	Option 2	Option 3	Option 4
0	40904	41884	42864	43844
3	48499	49822	51194	52517
6	59377	61190	63052	64914
9	78536	81182	83779	86425
Taxes will be extra as applicable.
PWB premium optional according to Proposer's Age.