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Make Happy Memories With Your Child. Leave The Future Planning To LIC Child Education Plan!

With LIC's Child Education Plan your child’s education is no longer restricted to school and college but will extend way beyond to honing his or her skills in other areas like music, sports, arts, technology and more. You need LIC Child Education Plan to ensure your smart kid has all the financial help he or she needs in the future. As a parent, you have already extrapolated the costs for the coming years but are you really prepared for the rising expenses and have you planned for uncertainties?

LIC Child Education Plan helps you plan, invest and cover financial risks in the years to come so that your child’s future is safeguarded against uncertainties of life. You want your child to be taken care of even when you are not able to do so or you are not around to do so.

Child education plans are investment plans that help to plan childern's future financial requirements. There are a large number of child insurance plans in India, so parents do not have it easy when it comes to selecting the best child education plan.

When you invest in LIC Child Education Plan, you are free to actually enjoy your child’s childhood and leave the worries behind. Isn’t that worth everything?

Your kids will grow up in the flash of an eye and you will wish you had made more memories with them than worried and worked.

Make most of today – spend time with your kids and let LIC child education plan / LIC child career plan do the rest.

Why invest in LIC’s Child Education Plan?

Child education insurance plan provide for the child’s future even in the absence of the parent/guardian. There is a default premium waiver feature in LIC child education plan that ensures that the child plan continues even after the parent’s passing and the benefits continue to accrue till they are payable. This ensures that investment serves the purpose it was meant for – that is securing your child’s future. A good way is to start early with the child's education insurance and plan the money according to the child’s educational milestones.

Benefits of LIC Child Education Plans

  • A lump-sum payment is made on the death of the policyholder, but the child plan policy does not end.
  • Insurance cover is for both – child and the parent.  Insurance is in terms of premium wavier benefits. In the unfortunate event of the parent ‘s death, all the future premiums are waived and the child gets the   benefit, tax-free and  market risk-free as guaranteed by the policy
  • You Save Tax 

Why We Customize Plans For You.

While some children have clear career plans others take time to get there. Your child’s dreams and ambitions will change as he or she grows up. Your child's insurance plan has to be robust enough to support your child’s changing aspirations. We realize that one child plan may not work for you, therefore we choose the options from different plans and create a specialized plan to support your financial goals for your child.

Life Insurance Corporation of India offers two types of child education plans which are money-back variants. LIC’s New Children’s Money Back Plan which is a traditional money back plan and Jeevan Tarun plan which is a combination of endowment and money back plan.

Nalawade Insurance Consultant is an insurance advisor in Pune specializes in customizing insurance plans which best suit you and your family. Depending on your budget, age, milestones, and requirement we will choose the most relevant features of other LIC plans and merge them into a single offering so that you get good returns for your investments in the long term. Let's connect to discuss your requirements for a child education plan.

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