Minimuthu Children's Policy
Unlock a future of financial prosperity for your child with our Minimuthu Children's Policy. Designed with your family's needs in mind, this comprehensive insurance plan provides not just security but a foundation for your child’s educational and personal growth. By covering both parents and the child, it ensures that your family’s future remains bright regardless of life's uncertainties. With benefits like a 140% maturity payout and premium waivers, this policy is your ally in planning a successful future for your child. Embrace peace of mind with flexible payment options and substantial coverage enhancements.
Benefits
Additional Coverage Options
Enhance your child’s policy with additional covers like Critical Illness, Hospitalization, and Accidental Death for comprehensive protection.
Compensation after Child’s Benefit Period
In the unfortunate event of child’s passing during the benefit period, parents will continue to receive the balance of the payments in installments.
Compensation if Insured Child Passes
If the insured child passes away during the premium paying period, parents receive 125% of the premiums paid or surrender value, whichever is higher.
Compensation on Parent’s Death
Should a tragedy strike, your child will receive double the remaining benefit, ensuring their financial support continues.
Double Sum Assurance
In times of need, the sum assured doubles, providing extra security and waiving future premiums.
Flexible Premium Payments
Tailor your premium payments to fit your budget with options ranging from monthly to annually.
Flexible Policy Terms
Choose from policy durations of 5 to 20 years to best match your child's stage and future needs.
Both Parents Covered
A single policy covers both parents, ensuring comprehensive protection for the entire family.
Maturity Benefit of 140%
Receive a generous 140% of the sum assured in four yearly installments to fund your child’s higher education dreams.
Eligibility
From as young as one month, your child is eligible for Arogya Hospitalization Cover and Jeewaka Critical Illness Cover at a reasonable cost, ensuring they are protected from all angles.
Start with a minimum cover of LKR 100,000, making it accessible while ensuring substantial benefits.
Designed for children from 1 month up to 15 years, supporting them until they reach adulthood at 21.
Parents aged between 18 to 60 years can secure this policy on behalf of their child.
Unlock Bright Futures
Experience peace of mind with comprehensive educational support for your children.
-
1
Stable, long-term financial planning for your child’s educational needs.
-
2
Coverage that adapts with your family’s evolving circumstances.
-
3
Access to enhanced protection features, ensuring well-rounded security.
