Child plan is an insurance product that takes care of your child’s financial needs in a very holistic manner. The child plan can help build a strong corpus for your child’s financial needs in the future.

If you purchase a child insurance plan for your daughter/son, you can benefit from the following:

- Get a life cover for your child

- Build a fund for your child’s future needs

- You can add various riders to the plan

- Death benefit and maturity benefits are paid

- You can decide the premium amount based on the sum assured and the maturity amount than you choose

- Policy term can be taken depending on how old your child is. The policy term can be planned around the time you think that you require extra cash flow.

- You can also opt for waiver of premium in case of your death

- Partial withdrawals are allowed as and when you need to meet your child’s educational requirements or for meeting other related expenses.