All parents dream of their children being A+ at school, A+ at work, A+ in life...
Children have similar dreams. "A" Plus Educational Plan will turn these dreams into reality!
- Covers the expenses of your child`s studies
- Combines life insurance and savings
- 5 to 20 year terms
- Choice of convenient and voluntary contributions
- Early cash-in option
Type of Product : Interest sensitive
Minimum Joining Age : 15 years
Maximum Joining Age : 49 years
Minimum Premium : Rs 350
Maximum Premium : Unlimited
Premium Frequency : Monthly, quarterly, half-yearly or annually
Additional Voluntary Contribution: May be made at any time
Term of Policy : 5 to 20 years, maximum age of beneficiary at maturity is 25 years
Surrender Value : Policy Account less applicable surrender charges
Benefits at Maturity : The higher of the Policy Account or the guaranteed Amount of Insurance
Death Benefits
- Remaining premiums to maturity will be paid under the policy by the Company
- Regular income will also be payable to beneficiary
Disability Benefits
Remaining premiums to maturity will be paid under the policy by the Company in case of total disability.
Joint Benefits : No joint benefits
Other Benefits
3 years before policy matures,policy can be cashed out in instalments of at least Rs 5,000
How do I apply?
Simply contact your BAI Insurance Advisor or call us free on 800 1000
You can visit any of our branches across the island
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