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Child Plan


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Title: Child Plan

Child Insurance Plans
  • A brief overview

What is a Child Insurance Plan
  • A Child Insurance Plan can help secure your
    childs future by providing a lump-sum amount at
  • This also takes into account inflation rates, so
    you can provide your child with the education
    he/she deserves.
  • Child Insurance is needed because traditional
    practices like fixed deposits and savings
    accounts are not adequate anymore and are
  • Aegon Religare offers the Rising Star Plan.

Rising Star Plan
  • You can invest your chosen premium amount in a
    choice of 4 funds OR a unique Invest Protect
  • In case of death, the nominee receives the higher
    of assured sum OR 105 of premiums paid
  • The nominee also receives an amount equal to the
    annual premium every year
  • All future premiums are waived, and they are paid
    into the Policy Fund Value, which is given to the
    nominee upon maturity

Rising Star Plan
  • Upon maturity, you can choose to get the fund
    value on the maturity date entirely, or go for
    the Settlement option
  • The benefits received and the premiums paid will
    be eligible for tax benefits as per the
    prevailing tax laws
  • After 5 policy years, 20 of the fund value at
    the beginning of the policy year can be withdrawn
  • You can shift your investments from one fund to
    another, up to 4 times a year for free

Rising Star Plan
  • You can top-up your premium any time after the
    first policy year, except for the last 5 years,
    with a minimum of Rs.5,000
  • The policy can be discontinued at any time, and
    the discontinuance value is paid after the first
    5 years. The applied discontinuance charges
    depend on the period for which you have paid
    premiums. There is no charge for top-ups or if
    the policy is being discontinued after 4 years of

Rising Star Plan
  • The minimum annualized premium is
    Rs.20,000/Rs.30,000 p.a.
  • The policy term is (25 years childs age at
  • The premium payment term is the same as the
    policy term

Minimum Sum Assured Minimum Sum Assured
If age is less than 45 years Higher value between 10x Annual Premium OR (0.5 x Policy Term x Annualized Premium)
If age is more than 45 years Higher value between 7x Annual Premium OR (0.25 x Policy Term x Annualized Premium)
Max Sum Assured 30x regular annualized premium
Maturity Age Max - 75 years
Payment options Yearly, half-yearly, monthly
Entry Age Entry Age
Parent (Life Assured) 18-60 years
Child(Nominee) 1 day - 15 years
Contact Info
  • Website -
  • Corporate and Registered OfficeAEGON Religare
    Life Insurance,2nd Floor, Paranjpe B Scheme,
    Subhash Road, Near Garware House,Vile Parle
    (E), Mumbai - 400 057.

Thank You