This is a non participating guaranteed endowment Plan.
All the benefits of the plan are guaranteed. No benefit is contingent on the company investment performance.
The plan provides for flexibility in both premium payment and benefits. You can choose among various premium payment terms depending on your income. For payouts, you can choose the option that best matches your child’s particular education needs.
Unplanned expenses are taken care of, with the option of a guaranteed flexible amount, as chosen by you.
The comprehensive death benefit pays not only a lump sum amount to your family, but also waives future policy premiums, thereby protecting the maturity value that you had planned for your child. In addition to all this, the plan also offers a monthly benefit to take care of your child’s needs in the years before graduation.
http://www.edelweisstokio.in/solutions.aspx?product=education_funding
