Secure Your Child's Future with Child Plans

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Child Plans

Welcome to Union Bank's Sud Child Plans, where we understand the importance of securing your child's future and providing them with the best opportunities in life. Sud Child Plans are specifically designed to help you fulfil your child's dreams and aspirations, be it their education, career, or any other life goal. With attractive returns, flexible investment options, and the assurance of Union Bank's trust, you can safeguard your child's future and ensure a bright and prosperous journey ahead. Start planning for your child's future today with Sud Child Plans!

142N053V02 - Individual Non-Linked Non-Participating Savings Life Insurance Plan

SUD Life Aashirwaad is a non-linked, non-participating endowment plan, which ensures your child soars as high without any compromises, even when you’re not around.

SUM ASSURED

Minimum Rs 4L
Maximum Rs 100Crs

PREMIUM PAYMENT TERM (PPT)

5, 7,10 and 15 Years

POLICY TERM

For PPT 5, 7 years: 10 to 20 years
For PPT 10, 15 years: 15 to 20 years

BENEFITS

Guaranteed benefits at maturity
Multiple pay-out options to choose from
Tax benefits under Section 80C & Section 10 (10 D) of the Income Tax act
Multiple premium payment term and policy term options

For more information about SUD Life Aashirwaad Plan Click here.

Frequently Asked Questions (FAQs)

Can I choose the maturity age of the Sud Child Plan?

What happens if the policyholder passes away during the policy term?

Can I increase or decrease the sum assured during the policy term?

Are there any surrender charges if I choose to surrender the Sud Child Plan before maturity?

Can I take a loan against my Sud Child Plan?

Child Plans

Frequently Asked Questions (FAQs)

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