Providing your children with the best education and managing related expenses can be challenging. With Group Care 360 – Children’s Education cover, one can avail of coverage up to Rs. 25000 towards the cost of education for up to two children. The nominees may also avail of 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 his/her death within 12 months from the date of accident (including date of accident).
In addition to coverage payable under the plan, a fixed amount for the education of the insured member’s dependent child/children may also be availed of subject to the following conditions:
A valid document establishing the age of the child and the 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 the age of 25 years at the time of claim