A child plan is a combination of an insurance and investment plan. It helps you build a corpus for your child’s future over a period of time. Such plans pay a lump sum amount on maturity thus covering crucial stages of your child’s life. The insurance aspect, on the other hand, financially secured the child in the case of your untimely demise.

The premium waiver benefit in our child plans will cover any future premiums. What it essentially means is, if the policyholder (you) is no more, we (the insurer) will pay the future premiums, thus eliminating any financial burden on your child. This allows the policy to continue without any further hassles.

A child plan is one of the best way to save enough with regular investments and ensure a large corpus for your child’s future. Hence, every parent who wants to secure their child’s future should invest in a child plan.