The Scholar Plan insures the life of your child from the age of 3 months for 15 or more years. From the 8th policy the premiums together with all the accumulated cash values are invested in an investment account that attracts interest at the rate declared by the company each year.

From the 10th policy year and every 5th policy year thereafter you will be eligible to receive a cash benefit. In addition you can from the 8th policy year withdraw from your account up to 25% of the value of the investment. At the end of the policy term all amount accumulated in the investment account is payable to you. Should your child die before the end of policy period the accumulated investment account or the face amount of the policy whichever is greater will be paid to you.

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