Birla Sun Life Bachat Child Plan

Recommendations :No

Name of the policy :
Birla Sun Life Bachat Child Plan

A brief desciption :

The Bachat Child Plan from Birla Sun Life Insurance is a traditional non-participating child plan, which means that the returns are guaranteed and there is no Bonus declared in this plan. This is an endowment plan where the parent is the Life Insured but the plan is for the benefit of the child.

Started date :9/7/2010
Type of policy :Insurance cum investment
Category :Traditional-Endowment Plan
Insurance :180 X Monthly Premium for ages 13-40, 120 X Monthly Premium for ages 41-50
Returns expected :Less than Fixed Deposit
Entry age :18-50 Years
Minimum amount :Band 1: Rs. 400 Rs. 599 per month, Band 2: Rs. 600 Rs. 899 per month, Band 3: Rs. 900 and above
Unique features :Bachat Addition Rate: There is a monthly reward of Bachat Addition Rate depending on the Monthly Basic Premium amount. The Bachat Addition is calculated as Sum of all Monthly Premiums paid till date X Bachat Addition Rate. Band I- 5.25%, Band II- 5.5%, Ba

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