Shri Vidya Plan

Recommendations :No

Name of the policy :
Shri Vidya Plan

A brief desciption :

Shri Vidya Plan is a traditional money back child plan catering to your child's future needs. It provides insurance cover as well as guaranteed cash backs at periodic intervals. As far as the periodic cash backs are concerned, investors can probably earn better returns by periodically investing in bank fixed deposits for a five-year time period. To ensure an appropriate life cover for the dependants, invest in a suitable term-plan instead.

Started date :2/5/2006
Type of policy :Insurance cum investment
Category :Traditional-Endowment Money Back Plan
Insurance :Min- 50,000 Max- No limit
Returns expected :Less than Fixed Deposit
Entry age :18-50 Years
Surrender :Guaranteed Surrender Value = 30% of basic premiums paid - 1st year's premium and additional premium paid (if any)

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