Children Education Plan
Secure Their Future, Support Their Dreams
As a parent, your biggest dream is to give your child the best education possible. Our Children Education Plan is designed to help you build a solid financial foundation for your child’s academic journey—whether it’s schooling, higher education, or overseas studies. Start early, and stay worry-free knowing their future is secured.
Why Choose Our Children Education Plan?
- Guaranteed Payouts aligned with key educational milestones
- Life Cover for Parent – Future premiums waived in case of unfortunate event
- Maturity Benefit – Lump sum at the end of policy term
- Bonus Additions – To enhance savings over time
- Flexible Payout Options – Lump sum or staggered for school/college fees
- Tax Benefits – Under Sections 80C and 10(10D)
Frequently Asked Questions
Planning your child’s future? This section answers common questions about our Children’s Education Plans—covering savings options, maturity benefits, and how the plan supports key milestones like school or college. Explore these FAQs to make informed decisions. For any further queries, feel free to contact us.
What is a Children Education Plan?
It’s a life insurance-cum-savings plan that builds a financial corpus for your child’s education while providing life cover to the parent.
What happens if the parent dies during the policy term?
The plan pays the sum assured immediately, and all future premiums are waived. The policy continues, and the child receives the maturity benefits as planned.
Can I use this plan for overseas education?
Yes. The maturity proceeds or payouts can be used for any purpose, including foreign education.
How are payouts made?
You can choose to receive payouts at key milestones like school admission, college enrollment, etc., or as a single lump sum.
What if I stop paying premiums?
After a few years (typically 2–3), the policy may acquire a paid-up value or be revived within a grace period.
Our Expert Suggestions
- Start Early – Lower premiums and higher maturity benefit
- Choose Term Based on Education Timeline
- Waiver of Premium – Ensure it’s included for continued coverage
- Review Progress Every Few Years – To adjust to inflation and costs
- Use Bonuses Wisely – For added support during higher education
Let Dreams Take Flight with the Right Planning
Your child’s dreams deserve the best. Give them the gift of education with a dedicated Children Education Plan.
📞 Speak with our advisor today or ✍️ Request a personalized education plan quote now!