Tata AIA Life Assure Edu Care

Recommendations :No

Name of the policy :
Tata AIA Life Assure Edu Care

A brief desciption :

Tata AIA Life Assure Edu Care is a traditional endowment child plan insuring the life of child and providing 2 plans that guarantee returns when the child turns 18 or 21. It also provides a guaranteed addition of 30% of Sum Assured at maturity. However the idea of insuring the life of child seems to be a bit absurd because insurance is required for earning member of the family who has dependents. So it is advised to stay away from such plans.

Started date :19/1/2002
Type of policy :Insurance cum investment
Category :Traditional- Endowment Child Plan
Returns expected :Less than Fixed Deposit
Entry age :0-8/11 Years Depending upon the plan chosen

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