As a parent, your children make the most important part of your lives. In order to provide them the best education, managing expenses and savings becomes tricky. With Group Care 360 – Children’s Education cover, one can avail coverage up to Rs.25000 towards education cost for up to two children and an coverage of up to Rs. 10,000 in case of accidental death of the registered member.
If the Insured Member suffers an Injury during the Cover Period, which directly results in the Insured Member’s death within 12 months from the date of Accident (including date of Accident)
If a Claim for any Insured Event under Accidental has been admitted, then in addition to any amount payable under that Benefit, we will pay fixed amount, for the education of the Insured Member’s dependent child/children subject to following conditions:
A valid document establishing the Age of child and relationship between the child and the Insured Member is submitted
“Child” means a child (natural or legally adopted), who is :
Student in a regular course; and
Financially dependent on the Insured Member;
Has not attained 25 years of Age at the time of claim