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ING New Creating Star

 
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Child Education Plan

Providing your child quality education is absolutely necessary to give him the head start required to succeed in today's competitive environment.

ING New Creating Star plan offers you a systematic and hassle-free way to pre-fund your child's education programme by paying premiums regularly and securing your child's education by protection of future premium payments against unfortunate circumstances with the in-built Premium Protector Benefit.

With ING New Creating Star, you can fulfill your responsibility of ensuring that your child gets the best possible education and help him realize his full potential.

Key Benefits Show details
  • Get back up to 275% of the first policy year allocation charges as Loyalty Additions.

  • Premium Protector Benefit ensures to keep the policy alive even after the unfortunate death of the proposer

  • Option to receive Education Payouts during the last 3 years (before maturity)

Product Features Show details

Eligibility

  • Minimum Age at Entry (Child): 0 years

  • Maximum Age at Entry (Child): 10 years

  • Minimum Age at entry (Parent): 18 years

  • Maximum Age at entry (Parent): 45 years

  • Minimum Age at Maturity (Child): 21 years

  • Maximum Age at Maturity (Child): 25 years

Minimum Yearly Premium

  • For Policy Term: 15-19 years - Rs.18,000 p.a.

  • For Policy Term: 20-25 years - Rs.12,000 p.a.

Maximum Yearly Premium

  • Rs. 48,000

Minimum Top-up Premium

  • Rs. 2,000 (Total of the Top Up Premiums at any time should not exceed 25% of the Total Regular Premiums paid)

Sum Assured

  • 5 times the annualized premium

Policy Term

  • 15 to 25 years

Premium Paying Term

  • Policy Term minus 4 years

 
For more details on risk factors, terms and conditions please read the Brochure and Benefit Illustration carefully before concluding a sale.
 
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