Child Education Benefit. If We have admitted a Claim under Section II, We will pay the Child Education Benefit amount of 10% of Sum Insured under Section II (a), as specified in the Policy Schedule towards the education expenses of the Insured Person’s child, provided that the Insured Person’s child is less than 25 years of age on the date of the Accident. The payment under this benefit is over and above the Sum Insured of the opted Benefits under any other Benefit.
Child Education Benefit. If We have admitted a Claim for Accidental Death or Permanent Total Disablement in accordance with Cover 3.1 or 3.2 of Section 3, then We will pay the amount as specified against this Benefit in Policy Schedule, in respect of Insured Person’s Dependent Child under the Age of 25 and unmarried as on the date of Accident towards the Dependent child’s education, irrespective of whether the child (children) is an Insured Person under this Policy. Provided that, - The dependent child is pursuing an educational course as a full time student at an educational institution and not have any independent source of income. - Irrespective of the number of Children, maximum amount payable is the Sum Insured as mentioned in the Policy Schedule. - Any Claim towards this cover that becomes admissible where the Dependent child (children) is a minor, shall be payable to the legal guardian. This benefit is applicable on an individual basis irrespective of type of policy (Individual/ Floater).
Child Education Benefit. 23-24/v1: Page 15; Kotak Mahindra General Insurance Company Ltd., Kotak Smart Travel;. UIN: KOTTIOP24156V012324,
Child Education Benefit. If We have admitted a Claim under Section II, We will pay the Child Education Benefit amount of 10% of Sum Insured under Section II (a),
Child Education Benefit. If the Insured Person/s suffers Personal Accident - Death or Permanent Total Disablement (if opted) during the Policy Period for which a valid claim has been admitted under the Policy, We will pay, on receipt of additional premium, towards this child education benefit of the Insured Person(s)’ Dependent Child / children up to 10% of the Sum Insured, subject to maximum INR 50,000/- In case of one child, the benefit payable would be the maximum Sum Insured specified under this option and in the case of more than one child, the benefit will be equally divided subject to maximum of 2 dependent children covered under this benefit.
Child Education Benefit. Pays of the amount of coverage up to each year up to a maximum of years, to cover a dependent child’s tuition fees in a post-secondary school if you die.
