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1. For
child in the age group of 0 to 18 years; and age of parents below 60 years.
2. Fixed
sum insured of Rs.25,000/- premium
Rs.15/- p.a.
3. Insurance
protection is not for the girl child but for her parents; however, benefit will accrue to the child.
4. Death
of parent/s would include death arising out of or traceable to slipping
and/or falling from mountaineous terrain; biting by insects, snakes and/or animals; drowning or washing away in
floods, landslides, rockslides, earthquake, cyclone and/or natural
calamities; rape, murder and terrorist activities covered; any other
accidental causes;
5. Death
of mother of the child caused by surgical operations such as
a) sterilization
b) ceasarean,
c) removal
of uterus and removal of breast/s due to cancer,
d) at
the time of child birth are also covered provided that death occurs within a
period of seven days from the date of operation; Death by Rape attempts.
6. In
case of death of either or both the parents due to an accident as above, sum
Insured will be deposited in the name of the insured girl child and she will
get benefit as under :
A g e
Benefit Payable
to
1 to 5 yrs Rs.1,200
p.a. surviving
parents or guardian for looking after
the
need of the child.
6 to11 yrs Rs.1,200
p.a. surviving
parent or guardian if the girl child is
admitted
in school and expenses are incurred on her education.
12 to17 yrs Rs.2,400
p.a. surviving
parent or guardian if the girl child is
admitted
in school and expenses are incurred
on
her education.
18 yrs Balance
in credit to the insured girl child.
7. In
the event of discontinuation of studies between 6 and 17 years, the
Scholarship will not be paid; instead, on
completion of 18 years the Balance amount in here credit will be paid
to her as lumpsum.
8. In
the case of death of the girl child before attaining the age of 18 years,
Balance amount standing to the credit of the girl child would be paid to The
surviving parent or guardian.
Note: One girl child below the
age of 18 in a family could be covered. Policies can be issued individually or as a group.
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