Birla Sun Life Insurance launches the Children’s Dream Plan

Birla Sun Life Insurance launches the Children’s Dream Plan - a unit linked child plan with Guaranteed Maturity Benefits for Securing the child’s future

Mumbai - 5th March 2007
Birla Sun Life Insurance (BSLI), the pioneer of Unit Linked Life Insurance plans amongst the private life insurers in India, today, announced the launch of Children’s Dream Plan- a unit linked child plan with Guaranteed Maturity Benefits.

Commenting on the launch of the plan, Mr.Vikram Mehmi, President & CEO, BSLI said, "A survey consisting of our policyholders and non-policyholders showed that there is a very high potential for the product category related to ‘planning for a child’s future’. On an average, one in every five parents in the age group 25 -35 years having at least one child (age 3 yrs to 18 yrs) invests specifically keeping the child’s future in mind. The Children’s Dream Plan, being introduced by BSLI provides unique solutions for the policyholders. It is a superior product platform. The plan guarantees 100 %, 200 % and 300 % guaranteed maturity options."

BSLI’s Children’s Dream Plan is a long-term Unit Linked insurance plan that is specifically designed to help the policyholder provide financial security to the child when /he becomes an adult. The plan combines a guaranteed return on savings with upside potential based on the performance of the investment funds. Therefore, irrespective of future performance of the investment funds, the policyholder is always guaranteed the maturity amount chosen for the child.

Added Mr.Mehmi, "Children’s Dream Plan provides the flexibility to increase the Enhanced Sum assured to match the family’s changing protection needs."

Source : Equity Bulls

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