Common use of Child Education Benefit Clause in Contracts

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) or upto Rs. 10 lacs whichever is lower, as specified in the Policy Schedule / Certificate of Insurance 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.

Appears in 10 contracts

Samples: irdai.gov.in, www.kotakgeneral.com, www.kotakgeneral.com

AutoNDA by SimpleDocs

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) or upto Rs. 10 lacs whichever is lower), as specified in the Policy Schedule / Certificate of Insurance 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.

Appears in 8 contracts

Samples: www.kotakgeneral.com, irdai.gov.in, www.kotakgeneral.com

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) or upto Rs. 10 lacs whichever is lower, as specified in the Policy Schedule / Certificate of Insurance 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.

Appears in 2 contracts

Samples: www.kotakgeneral.com, www.kotakgeneralinsurance.com

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) or upto Rs. 10 lacs whichever is lower, as specified in the Policy Schedule / Certificate of Insurance 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.

Appears in 2 contracts

Samples: www.kotakgeneralinsurance.com, www.kotakgeneralinsurance.com

AutoNDA by SimpleDocs

Child Education Benefit. If We have admitted a Claim under Section II, We will pay the Child Education Benefit Benefit amount of 10% of Sum Insured under Section II (a) or upto Rs. 10 lacs whichever is lower), as specified specified in the Policy Schedule / Certificate of Insurance 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 benefit is over and above the Sum Insured of the opted Benefits Benefits under any other BenefitBenefit.

Appears in 2 contracts

Samples: www.irdai.gov.in, www.kotakgeneralinsurance.com

Time is Money Join Law Insider Premium to draft better contracts faster.