Child Education Plan
- Child Education Plan
Secure Your Child’s Future
A Child Plan helps you build a strong financial foundation for your child’s education and future goals. It ensures your child’s dreams are protected, even in your absence.
The plan combines insurance and investment benefits, offering financial growth along with life coverage for the parent.
With guaranteed payouts at key milestones, a child plan supports education, marriage, and other major life events with ease.
- Insure Today. Secure Tomorrow.
Why Choose child plan with Us
- Secure your child’s education and future goals
- Guaranteed payouts at key milestones
- Dual benefit of insurance and investment
- Flexible premium and payout options
- Financial protection even in your absence
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- Child Education Plan
Frequently Asks Questions
Give Your Child the Future They Deserve.
Who can buy a Child Plan?
- Any parent or guardian can purchase a child plan for their child, usually from birth up to 18 years of age.
What happens if the parent passes away during the policy term?
- In case of the policyholder’s death, the insurer pays the sum assured, and future premiums are waived while the policy continues for the child’s benefit.
Are Child Plans eligible for tax benefits?
- Yes, premiums paid qualify for deductions under Section 80C, and maturity or death benefits are tax-free under Section 10(10D).
When can I withdraw funds from the Child Plan?
- You can make partial withdrawals after a certain lock-in period to meet educational or other financial needs for your child.
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