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SMART KID |
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New
Unit-linked Regular Premium Policy |
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ICICI Prudential private life insurer,
presents Smart Kid New Unit-linked
Regular Premium policy. With this
policy, you can invest your money in
unit-linked funds, which allow you to
withdraw money, to meet the
educational expenses of your child.
Additionally, the life insurance cover
offered under this policy ensures that
your loved ones stay financially
secure in your absence. |
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Key Benefits of SmartKid New Unit-linked Regular
Premium Policy |
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Lump
sum payment of Sum Assured plus Company
contributes future premiums in the unfortunate
event of death of parent (life assured)
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With
Income Benefit Rider, the child (beneficiary)
would receive an annual allowance every year
till maturity, in the unfortunate event of death
of parent
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Withdrawal facility to provide money for key
educational expenses of the child
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Potentially higher returns over the long-term by
investing in unit-linked funds
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Cover Continuance option to ensure continuance
of life insurance cover even if you take a
temporary break in premium payment
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Tax
Benefits: Premium paid for the policy will be
eligible for tax benefit under section 80 C: Any
benefit amount received under this policy will
be eligible for the tax benefit under section 10
(10D), as per prevailing tax laws
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Minimum/Maximum Entry Age (Child) 0-15 years
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SmartKid plans can be enhanced with the Accident &
Disability Benefit Rider and Income Benefit Rider.
You can also opt Waiver of Premium Rider (WOP) in
the SmartKid unit-linked regular premium policy.
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ICICI_SmartKid_brochure |
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