CHILD PLAN
LIC Child Plans – Secure Your Child’s Future
Every parent dreams of giving their child the best education, a bright future, and financial security. LIC Child Plans help you plan for these important milestones through disciplined savings and life insurance protection.
Depending on the plan you choose, you can build savings for your child’s higher education, career, or other future needs. Some plans also offer money-back benefits at specific stages, helping you manage expenses as your child grows.
Start planning today to give your child a more financially secure tomorrow.
-
NEW CHILDREN'S MONEYBACK PALN
-
JEEVAN TARUN
Plan for Their Future LIC New Children’s Money Back Plan helps parents save for their child’s important future needs, such as higher education, career plans, or marriage, while providing life insurance protection. You pay premiums to build savings for your child. The plan provides money-back benefits at ages 18, 20, and 22, with a further maturity benefit at age 25. This can help you manage major expenses at different stages of your child’s life. Applicable bonuses may also increase the total benefit. Key Benefits - Money Back at Ages 18, 20 and 22: Receive 20% of the Basic Sum Assured at each specified stage. - Maturity Benefit at Age 25: Receive the remaining 40% of the Basic Sum Assured, plus applicable bonuses. - Life Insurance Protection: Provides a death benefit according to the policy terms. - Child-Focused Savings: Helps you plan for education and other important milestones. - Premium Waiver Option: An optional rider may be available to help protect the plan if the parent covered under the rider dies, subject to its terms. Give Your Child a Head Start Today for a Brighter Tomorrow.
Plan Your Child’s Future with Confidence LIC Jeevan Tarun is a child-focused life insurance savings plan designed to help parents prepare financially for their child’s higher education and other important milestones. The plan offers four benefit options, allowing you to choose whether to receive money-back payments when your child reaches ages 20 to 24 or receive a larger share of the benefit at maturity at age 25. It also provides life insurance protection and applicable bonuses, as per the policy terms. This plan can help you build savings for your child’s college education, career plans, and other future needs. Key Benefits - Money-Back Options: Choose from four options for payouts between ages 20 and 24. - Maturity Benefit: Receive the applicable maturity amount when your child reaches age 25. - Life Insurance Protection: Provides a death benefit as per the policy terms. - Bonus Benefits: Receive applicable bonuses, if declared by LIC. - Premium Waiver Rider: An optional rider may help protect the policy if the parent covered under the rider passes away, subject to its terms. - Flexible Payment Options: Choose a premium payment frequency that suits your convenience. Plan Today for Your Child’s Dreams Tomorrow.