Riders for Child

Common to all child plans
 
Premium Waiver Benefit:- 

This benefit is available to proposer after payment of extra premium as per age of proposer and were of the policy till 16 years of child (life assured) or 60 years of proposer which even is earlier. Under this rider the premium of the policy are walked form the next anniversary of policy after the death of proposer till 16 years child or till 60 years of proposer which ever occurs first and policy is kept inforce. 
 
Monthly Income Benefit:- 

This benefit is available to proposer after payment of extra premium as per age of proposer and term of policy till 16 years of child (life assured) or 60 years of proposer which ever is earlier. Under this 1% of rider sum assured is paid to the child on monthly basis from the next month after the death of proposer per condition cited return. 

Condition:-   
  • Age 16 of child and age 60 of proposer which ever is earlier up to which benefit is available. 
  • Proposer proof of age of proposer 
  • Maximum cover available up to Nrs. 5 lakhs under the entire child plan purchased by proposer from Surya Life insurance Company
  • Medical examination of proposer is must. 
  • In case life assured age is 10 years or more his/her medical examination is necessary.
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