IQRA Education Insurance Plan by Jubilee Life Insurance provides your child a unique advantage and ensures that his / her potential is nurtured to its fullest.
As parents, we sometimes have to compromise on our child's interests, welfare and future because of lack of funds to pay for his / her education. But not anymore.
Let your child be the best by letting Jubilee Life Insurance take care of your child's education, both today and in the future.
Salient Features of Iqra
- Minimum term of the plan is 10 years
- Age of the policy holder should be between 18-60 years
- Periodic reviews to keep the plan in line with changing requirements
- The flexibility of paying premiums for only a selected period
- Premiums can be increased annually to cover inflation impacts
- Choice in the level of cover
- Tax free growth
- Flexibility of encashing the plan any time (early surrender may result in losses)
- Ability to make partial withdrawals from your plan, without affecting the protection feature
- Choice of extra protection through the following supplementary options:
- Accidental death and dismemberment
- Critical illnesses
- Wavier of premium option