LIC Child Plans
Secure Their Future, No Matter What
What are LIC Child Plans?
LIC Child Plans are specialized insurance solutions that aim to provide financial stability for your child’s education and other future needs. These plans ensure that even in the event of an unfortunate event, your child’s future is secure.
With guaranteed payouts at key milestones and premium waiver benefits, these plans are designed to give you peace of mind while helping you plan for your child’s future.
Key Features
- Guaranteed Payouts at key milestones like higher education or marriage.
- Premium Waiver Benefit in case of the policyholder’s death.
- Tax Benefits under Section 80C and 10(10D).
- Flexible Policy Terms to suit your child’s age and needs.
- Loan Facility available after policy accumulation.
- Bonuses will be added based on LIC’s performance.
Benefits
- Financial Protection for Education
The policy ensures that your child’s education is fully covered, no matter what happens to you. - Milestone Payouts
Receive a lump sum or regular payouts when your child reaches key stages like schooling, higher education, or marriage. - Premium Waiver If the policyholder (parent) passes away during the policy term, the premiums will be waived off, but the policy will continue with benefits for the child.
Who Should Consider LIC Child Plans?
Parents who want to ensure financial security for their children’s education.
Individuals who want to protect their child’s future even if something unexpected happens.
NRIs who want a reliable, safe investment to secure their child’s future back home
Families planning ahead for significant life events like education or marriage.
Why Buy LIC Child Plans with The Bima Financial?
Trusted and licensed LIC agents for transparency and guidance
