Overview
Aviva New Young Scholar is a comprehensive plan that enables you to secure your child’s future in any eventuality through:
- Attractive returns, enhanced by loyalty additions every year starting end of 5th year and maturity addition to build the desired corpus of funds on maturity of the policy
- All future premiums being waived off and invested as a lump sum amount in to the funds, so the policy continues even in the unfortunate event of the parent’s death, disability or on contracting a critical illness, while the Sum Assured is paid out immediately
- Provision of a regular income for the minor child, in the event of parent’s death
- Systematic Transfer Plan (STP) for safe entry and safer exit into equities
- Option to minimize the effect of inflation through Indexation
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