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| Age of the child | Amount of relief | Payable to |
|---|---|---|
| 1-5 years | Rs.1 200 annum Surviving parent or guardian | Surviving parent or guardian provided the expenditure is incurred for the child's education |
| 6-11 years | Rs.1 200 per annum | Surviving parent or guardian provided the expenditure is incurred for the child's education |
| 12-17 years | Rs.2 400 per annum | Surviving parent or guardian provided the expenditure is incurred for the child's education |
| 18 years | Balance amount to the child's credit | To the girl on attaining the age of 18 completed years |
In the event of the death of the girl before attaining 18 years the balance amount standing to the credit of the girl child will be paid to the surviving parent/guardian.
IRDA Registration no. 545
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