Smart Kid New Unit Linked Regular Premium ULRP:

There are many educational policies available for children.  The ICICI Smart Kid New Unit-Linked Regular Premium is a policy that supplies capital at regular installments. 

This plan not only stands to benefit your child but it is also a plan which protects your family financially in any crisis situation.

By investing in this plan you have the advantage of,
One can invests money in the share market thus being able to make investment multiply as the years go by. 

The reason for investing in the market is that you will receive higher profits at maturity which will be beneficial to you to be able to take care of your child’s higher education in any good college, or even provides enough capital to make him study abroad.

You have to pay a minimum annual premium of rupees ten thousand.  So this policy is well affordable and in this way is available to all. 

According to this plan, a small percentage of your capital will be taken to take care of the allocation charges and the remaining amount only is invested in the fund option of your choice.

You will be provided with a sum assured at the time of maturity.  This sum assured will either be a minimum amount of rupees one lakh or it will be a maximum amount which is calculated as five times of your yearly premium.

The choice of policy term is calculated according to the age of your child when the policy attains maturity minus the age that your child was at the time of buying the policy.

The policy will reduce any mortality fees or policy administration fees that are applicable to you, from your invested fund.

This policy provides twin benefits of not making it possible for you to be able to give your child a good education, but also it protects your family financially in any untoward event.  This is the best option for those of you in search of a reliable and profitable plan.