Child Plans

Child Plans

What are Child Plans?

Child plans are financial products specifically designed to help parents or guardians secure their child’s future needs, such as education, marriage, or other major life goals. These plans combine insurance protection with long-term savings or investment, ensuring that the child’s future is financially secure even if the parent is not around.

In the event of the policyholder’s death during the policy term, child plans usually provide a lump sum amount to support the child's immediate needs, and in many cases, the insurer continues the plan by waiving future premiums.

Child plans offer a disciplined way to build a financial cushion for a child’s future, providing peace of mind and financial stability for important milestones in life.