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Best Child Plan  MBA from the IIM Would cost 12.5 Lakhs 10 years back  current year it costs 22 Lakhs!!  you need to save 50 Lakhs by the time your child turn 18.  You need a smart planning now to fulfil your child dream.  Kotak Life XL My Solution   Key Advantages   Limited Premium Payment pay only for 10 Years or 15 Years   4 Increasing Payouts every 5 Years starting 15th Year   Guaranteed bonus 5 percent per annum of basic sum assured in first 5 policy years   Insurance covered for 30 Years   Customise Protection through a wide range of Riders   Tax benefit on premiums paid under section 80C and benefit received under section 10 10D   Illustration   Age 35 Years   Policy Term 30 Years   Premium Term 10 Years   Premium Amount 60 thousand   Total Investment 6 Lakh   Tax Benefit unders Sec 80 at 30 percent 1 Lakh 80 thousand   Effective Investment 4 Lakh 20 thousand   Maturity Amount at 8 percent Calculation 18 Lakh 40 thousand  
http://INSURANCEAGENTBLR.COM/best-child-plan-mba-from-the/b38
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