Children's LIFE INSURANCE

Child Education Insurance Plans are insurance plans that take care of your protection and savings needs for securing the future of your children. As a parent, one of your most important goals would be to make sure that your children have a bright future and lead their lives comfortably. These plans can help you achieve this by saving for your children’s higher education at a prestigious university.

In the Child Education Insurance Plan, you pay premiums for a specified period (monthly, half-yearly, yearly or single pay). Once the policy term ends, you receive a lump-sum amount called the Maturity Benefit. In case of an unfortunate event during the policy term, the insurance company offers your nominee the life cover amount. Some of The company also waives the future premium payments for the remaining policy term to ensure that your children’s future is always secure. This benefit is available, provided if all due premiums are paid.