CDA Endowment Vesting At 21

  • Children Deferred Assurance (Vesting age 21) is a best plan for child and his/her parent to secure a decent amount at a given age with a comparatively low premium.
  • Option to opt for Premium Waiver Benefit (PWB) i.e. if opted no payment of future premium in case of death of the Proposer
  • Policy vests at the age of 21 (I.e.: life cover on the child and bonus vesting starts)
  • Premium paid are TAX EXEMPTED u/s 80 C & the Maturity amount is TAX FREE u/s 10 (10) (D)



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