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| Name | Child Education Plan | Why Child Education Planning Is Important and How To Do It | ICICI Pru Life |
| Video Uploader | Video From ICICI Prudential Life Insurance |
| Upload Date | This Video Uploaded At 23-03-2011 15:13:27 |
| Video Discription | (In ULIPs, the investment risk in the investment portfolio is borne by the policyholder) As a parent, you want to provide the best for your child. You want to stay financially prepared for your child’s goals, such as becoming a chef, an athlete, a filmmaker, or more. Investing in the right child insurance plan can enable you to help them fulfil their dreams. A child plan like ICICI Pru Smart Life helps you set aside an amount regularly for your child. It helps you save systematically to support your child’s goals financially and offers market-linked returns. Below are some key features of the plan: a. Maturity amount: The plan provides you with returns after a period chosen by you at the time of the purchase of the plan. The returns include rewards in the form of loyalty additions and wealth boosters* added by the company from time to time for staying invested. This maturity amount can be used towards fulfilling the goals of your child b. Life cover`: The plan comes with a life cover that provides a lump sum amount called the sum assured to your child in case of an unfortunate event during the tenure of the plan c. Waiver of premium: In case of an unfortunate event during the tenure of the plan, all the future premiums are waived off and your plan remains active throughout the tenure of the plan. This ensures that your child continues to receive the benefits from the plan, no matter what! d. Tax benefits**: The plan offers you various tax** benefits as below. i) Premiums paid towards the plan are allowed as deduction up to ₹ 1.5 lakh per annum under section 80C of the Income Tax Act, 1961 ii) Sum assured received from the plan is tax-free** under section 10(10D) of the Income Tax Act, 1961 iii) The maturity amount is also tax-free** under section 10(10D) of the Income Tax Act, 1961 To purchase your child plan, visit: https://www.iciciprulife.com/ulip-plans/buy-smart-life-plan-online.html?UID=1160 Disclaimers: https://blog.iciciprulife.com/youtube-disclaimer-41-child-education-plan-why-child-planning-for-your-childs-education-is-important-and-how-to-do-it-icici-pru-life/ 0:24 Why you should consider buying child insurance? 2:30 Benefits and usages of having a child insurance 4:07 What is a child insurance exactly for? 6:23 ICICI Pru Life Child Insurance Plan #ICICIPrulife #ChildEducationPlan #ChildEducationPlanning #BenefitsOfChildEducationPlan #WhyChildEducationPlan |
| Category | Education |
| Tags | ICICI Pru Child Plan | ICICI Prudential child plan | child plans | education plan | education insurance | child savings | investment |
