1.

Introduction and Statement of the Problem

A COMPARATIVE ANALYSIS OF CHILDREN INSURANCE PLANS OF LIFE INSURANCE COMPANIES.

2.

Short Literature Survey

1.

Research Methodology

What is Child Insurance plan? Child Insurance plan helps in securing your child's future by financing the key milestones in their lives even if you are no longer around to oversee them. As a parent, you wish to provide your child with the very best that life offers, the best possible education, marriage and life style. These plans are one of the best tools that help parents in securing the financial future of their child.

As parents we generally plan the fund to be available for our child at the time of:
y y y

Education Marriage Protection from any financial crises.

Benefits of Child Plan:

y y y y y y

Help you to customize an ideal plan for your child future. Valuable protection and invaluable financial support to the child. All future premiums are waived in the event of loss of the life of the insured and sum assured will be given to the beneficiary. Guaranteed fixed benefits. Premium payment term lies between 5-25yrs. Option of partial withdrawal in the policy .

company Jeevan Anurag

Death benefit

Maturity benefit

Company

Death Benefit An amount equal to the Sum Assured will be paid to the beneficiary.

Maturity Benefit Accumulated amount till maturity date with guaranteed benefits

Jeevan Anurag Child Advantage Plan SmartKid Shiksha plus II

All future Premiums will be waived and The higher of the basic Sum Assured or the Accumulation account wi policy will continue till maturity. be paid on maturity. The sum assured would be paid out immediately. 100% of applicable sum assured is paid immediately to the nominee on the death of life assured. The Minimum death benefit will be at least 105% of the premium paid. Accumulated Value as per NAV at maturity time with loyalty additional bonus The fund value is paid for higher education on the maturity date.

YougStar SuperII

Fund Value will be paid as Maturity benefit.

Bright Stars EDGE

Maximum of Sum Assured or 105% of all premiums paid. A lump sum benefit equal to higher of the Sum Assured or 105% of all premiums paid till date of death will be payable. Basic Sum Assured will be paid to the beneficiary, the policy will continue as long as the secondary life insured is alive. Maximum of Sum Assured or 105% of all premiums paid. All future premiums are waived off and the amount of Life Cover shall be payable to the nominee. Maximum of Sum Assured or 105% of all premiums paid.

On Maturity, you will get the policy fund value

Smart Scholar

The fund value shall be paid to beneficiary in a lump sum.

Classic Child Plan Rising Star Plan Young Scholar Met Bhavishya

You will receive the Fund Value at maturity.

Accumulated Value as per NAV at maturity time with loyalty additional bonus

On maturity, the Fund Value pertaining to both regular premiums and Top-up premiums will be paid to the policyholder along with accrued Loyalty Additions, if any as on the maturity date.

On Maturity of the policy guaranteed additional as explained above would be payable

Aashirvad

Maximum of Sum Assured or 105% of all premiums paid.

On Maturity of the policy guaranteed additional as explained above would be payable