Edu Save - An Endowment plan with Child Education Insurance

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EduSave- A Child plan

A plan catering to the need of your child’s education and marriage planning

An endowment plan designed to cater to the need of education and marriage funding. Parents have dreams for their childrens education & marriage. Turn those dreams into actionable goals and then implementable plans with Edusave. UIN No: 147N022V01

Consistent bonus declared for FY 18-19, at promised rates


Check out our features

Benefits so good, they have to be true!

Death Benefit

Death Benefit

On death of Life assured during the policy term:

1) Sum Assured is paid immediately

2) All future premiums are waived off

3) Reversionary Bonus continues to accrue till maturity

4) All maturity benefits are paid

Death Benefit

On death of Life assured during the policy term...

Death Benefit

Death Benefit

On death of Life assured during the policy term:

1) Sum Assured is paid immediately

2) All future premiums are waived off

3) Reversionary Bonus continues to accrue till maturity

4) All maturity benefits are paid

Tax Benefits

You can avail tax benefits under Section 80C and Section 10 (10D) of Income Tax Act, 1961...

Tax Benefits

Tax Benefits

You can avail tax benefits under Section 80C and Section 10 (10D) of Income Tax Act, 1961.

Premium paid for Critical Illness Rider and Hospital Cash Benefit Rider, if opted, may qualify for a deduction under Section 80D of the Income Tax Act, 1961.

Tax benefits are subject to change in the tax laws.

Check if you are eligible for this product

Here are the rules! Ask us if any doubts.

What is the minimum and maximum entry age?
The minimum and maximum entry age...

Minimum : 18 years

Maximum : 45 years

What is the maximum maturity age?
The maximum maturity age....

The maximum maturity age is 60 years

What is the minimum and maximum policy term for this plan?
The minimum and maximum policy term...

The minimum and maximum policy term:

Minimum : 10 years

Maximum : 30 years

What is the premium paying term ?
The premium paying term..

Policy Term               Entry Age              Premium paying term

     10                        18 – 40                      regular pay

     11-14                   18 – 45                      regular pay

     15                        18 – 45                      regular pay, 10 pay

     16 -30                  18 – 45                      regular pay, 10 pay,

                                                                 policy term less 5 years 

What is the premium payment frequency?
The premium paying frequency is....

Annual - 100% of annual premium

Semi-annual - 51.2% of annual premium

Quarterly - 26.0% of annual premium

Monthly - 8.8% of annual premium 

What is the minimum and maximum Sum Assured?
The minimum and maxi..

The minimum and maxi..

Minimum : Rs 2.25 lakhs 

Maximum : no limit

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Additional resources

Product brochure view & download pdf
Sample contract view & download pdf
Product disclaimer read more
bonus rates view & download pdf