• Star Union Dai-ichi Life Child Plans

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    Plan Benefits

    Payment Options

    Policy Coverage

    Customer Service

    Procuring life insurance is one of the wisest decisions that can taken from a financial perspective. In terms of economic uncertainty such as this it is important for customers to be aware of their financials and ensure that they always have some money saved up for rainy days. Life insurance ensures that family members need not be financially burden if something unfortunate were to happen to the policyholder. It is a way for the insured to ensure that his/her family is safe and secure. This is especially necessary for children as they are the future and it is the duty of the parent to see to it that financial worries do not play a role in jeopardizing the child’s future. Star Union Dai-ichi’s Bright Child policy is perfect for parents looking to secure their child’s future.

    Why Star Union Dai-ichi?

    A joint venture between Union Bank of India, Bank of India and Dai-ichi Life, Star Union Dai-ichi Life Insurance Company Ltd. comes with the experience and reputation of its founding companies. A number of insurance products are provided for myriad requirements. There is a perfect insurance policy for every customer and commitment towards its policyholders makes this company one of the most sought after insurance providers in the country. With a customer base of around 64 million, Star Union Dai-ichi promises unique products and fantastic value.

    Star Union Dai-ichi Bright Child Insurance Plan

    It is every parent’s dream to secure their child’s future and ensure that they are well provided for. The Bright Child plan by Star Union Dai-ichi ensures that all needs and requirements are met along with a provision for a unique payout option.

    Benefits

    • Customers can choose between two options for funding- the Wedding Endowment option and the Career Endowment option.
    • Child benefits amounting to a maximum of 125 percent of the assured sum is provided.
    • In case of the untimely demise of the insured, nominee reserves an immediate Sum Assured.
    • Under sections 80C and 10(10D), customers receive tax benefits.
    • The assured sum varies between Rs 5 lakhs to Rs 5 crores.
    • Customers can their premium in monthly, quarterly, half yearly or yearly terms.

    Tips

    Every insurance plan comes with its own set of benefits and features along with pros and cons. Therefore it is advisable for customers to research their options thoroughly and shop around before opting for a particular plan. A plan that is suitable to one customer may not be suitable for another. Customers must also keep in mind the reputation of the company and other factors such as claim settlement ratio while choosing a company to procure insurance policies from. By doing so, customers will be able to avail the perfect plan required for their financial requirements.

    This Insurance Company has not partnered with BankBazaar.com. For more details, please visit its website/branch office. The trademarks, logos and other subject matters of intellectual property belong to their respective owners.

    GST of 18% is applicable on life insurance effective from the 1st of July, 2017

    Star Union Dai-ichi Life Child Plans Reviews

  • Page 1 of 1
    • Star Union Dai Ichi Life Insurance
      "Good policy to use"
      0.5 5.0/5 "Blown Away!"
      I got better response from STAR UNION DAI-ICHI LIFE INSURANCE Company. There is an option to pay the premium amount through the internet banking to the STAR UNION DAI-ICHI LIFE INSURANCE. The plan benefits and the coverage is good with this policy. I hold the life insurance policy for past 5 years. I pay the premium of Rs,40,000. This policy has the tenure of 15years.
      Was this review helpful? 0
      , ahmedabad
      Reviewed on Jan 16, 2018
    • Star Union Dai Ichi Life Insurance
      "Good service "
      0.5 3.5/5 "Pretty good"
      I have Star Life insurance is very beneficiary for the customer i get a policy coverage nearly 2-3 lakhs for myself as well as for the dependent the payment options are good,its done through online.my monthly premium amount is 900 its very much convenient.
      Was this review helpful? 0
      , jammu
      Reviewed on Oct 17, 2017
    • Star Union Dai Ichi Life Insurance
      "Need to improve"
      0.5 5.0/5 "Blown Away!"
      Star DAI- CHI life insurance policy is the one of the insurance policy, which I had taken before five to six years of time. Premium is around 3.5 lakh Rupees per annum and the services needs to be get improved. Payment mode is a flexible one with them.
      Was this review helpful? 0
      , hyderabad
      Reviewed on May 10, 2017
    • Star Union Dai Ichi Life Insurance
      "Pretty okay..."
      0.5 5.0/5 "Blown Away!"
      I have taken life insurance from Star union. Plan benefits an all good. I have taken for 5 lakhs coverage. For the first year we need to pay the premium. They have lots of option and I am okay with them. Only thing is, they have some lock in period for 1 or 2 years.
      Was this review helpful? 0
      , karur
      Reviewed on Nov 11, 2015
    • Star Union Dai Ichi Life Insurance
      "Recommendable..."
      0.5 5.0/5 "Blown Away!"
      I have completed 2 years payment. I am getting benefits but it dependence in terms of renewal. I would recommend this Star union life insurance for middle class people. This policy covered full family. I used to make premium amount once in a year. Premium amount was quiet good 5000rs.
      Was this review helpful? 1
      , namakkal
      Reviewed on Nov 06, 2015
    • Star Union Dai Ichi Life Insurance
      "Dark clouds ahead"
      0.5 3.0/5 "Satisfactory"
      I have endowment plan for the tenure of 10 years from Star union dia life insurance. Will get sum assured amount after the maturity period with the bonus. Policy coverage is up to the insured amount. Only accidental and natural death y is been covered . Payments have to be made only through the agent.
      Was this review helpful? 0
      , mumbai
      Reviewed on Oct 23, 2015
    • Star Union Dai Ichi Life Insurance
      "Transparency in providing all the details upfront with proof"
      0.5 5.0/5 "Blown Away!"
      It is one of the best insurance company offering entire gamut of insurance product in a very competitive rate and have a very open and online system to get any information from the two sponsoring banks any branch in anywhere in the world . I recommend it emphatically
      Was this review helpful? 0
      , navi mumbai
      Reviewed on Sep 17, 2015
    • Star Union Dai Ichi Life Insurance
      "Very Good"
      0.5 3.0/5 "Satisfactory"
      I applied for a life insurance with Star Union Dai-Chi Life insurance the processing and the documentation was very transparent and the customer service executives are very friendly in approach and the whole process got completed in ten days the overall service is good.
      Was this review helpful? 8
      , vijayawada
      Reviewed on Jul 05, 2014
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