This kind of insurance is meant to assure your child’s financial support. The sum of periodical premiums, when the policy term ends, is paid off to your child by instalments (as scholarship) or fully. During the validity of this contract you are insured for the amount selected in the contract. That is, in case of the accident premiums are not paid, but the indemnity is paid off according to the conditions of the made contract at the end of the policy term.

Using this kind of insurance you can make use of income tax relieve.