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Bhagyashree Child Welfare Scheme

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Note-Bhagyashree Child Welfare Scheme

  • Particulars of cover liability and exclusion given above are not complete or exhaustive :
  • Our nearest Branch Office branch may be approached for complete details.
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Unique Features-Bhagyashree Child Welfare Scheme

Unique features:
  • Relief to the girl child in the event of death of any of the parents.
  • Relief to orphaned girl for maintenance and education.
  • Lumpsum payment on attaining the age of 18 completed years .
Premium & Discounts

Premium-Rs.15/- per child per annum.

Discounts-Varies from 5 to 30% depending upon the group size.

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Benefits Provided-Bhagyashree Child Welfare Scheme

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
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About the Policy-Bhagyashree Child Welfare Scheme

We Cover

Cover is applicable to girl child in the age group of 0 to 18 years whose neither parents' age should be greater than 60 years.

What is insured?
  • Cover is to provide relief to insured girl in the case of death of either/both of the parents arising out of accident.
What will the Policy Pay?
  • In the event of death of the parent(s) Rs.25 0 will be deposited in the name of the child in any of the nationalised banks and the benefits will be provided as under.
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