Can someone explain ICICI Prulife Smart Kids policy?
Features and benefits of SmartKid SmartKid offers an exclusive choice of 3 education insurance plans: SmartKid New Unit-linked Regular Premium, SmartKid New Unit-linked Single Premium and SmartKid Regular Premium. Take a look at the features and benefits of each plan: Features and benefits Regular payouts: As your child approaches key educational milestones such as 12th standard or graduation exams, he or she will receive regular payouts, guaranteeing he or she continues to study, no matter what the circumstance. Death Benefit: Your child will receive the Sum Assured immediately, should something happen to you. ICICI Prudential will pay the remaining premiums, ensuring your child continues to receive policy benefits, as always. Add-on riders: ‘Accidental Death and Disability Rider’ and ‘Waiver of Premium Rider’ ensure your child stays doubly protected, at all times. You can choose to add these to your child’s education policy. Tax benefits: Premiums you pay for a SmartKid policy are el
