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IndiaFirst Education Plan Security

Introduction

Your Child, Your Pride… Our Responsibility.

We understand that, as a parent, you want to give nothing but the best to your child. Be it your child’s education or any dream. You will not allow anything to come in the way of your child’s success.

To help you give your child everything that you have dreamt of, we have introduced IndiaFirst Education Plan.

IndiaFirst Education Plan is a unit linked savings plan that not only helps you to grow your money through market linked instruments, but also ensures that your child receives financial support as planned by you, even in your absence.

Key Features

• Your child will receive funds at every momentous occasion in his/her life as planned by you. Be it high school/college/professional course and any other life events.
• Your child gets financial security even if any untoward incident results in your death/disability. We will do this by paying the remaining premiums into your policy.
• Your child, who we may also refer as the 'Beneficiary', receives the Fund Value at Maturity even if the 'Sum Assured' has been paid out in the unfortunate incident of your demise.
• You have the option to invest in Debt, Equity or a Balanced Fund, where you choose the proportion of your investment into each.
• You can make the most of your investments by 'switching' from one fund to another.
• You have the option to build up your corpus through additional deposits.
• You get easy access to your money by being able to withdraw partially.
• Under Section 80C and 10(10D) you can enjoy tax benefits on the premium you invest.

Risk Factors

• The premiums paid in unit linked plans are subject to investment risks associated with capital markets.
• The value of the units may go up or down based on the performance of the fund.
• Other factors influencing the capital market also affect the value of the units. Hence you, as the policyholder are responsible for all your decisions.
• None of our funds offer a guaranteed or assured return.
• The past performance of our other funds does not necessarily indicate the future performance of any of these funds.