LIC currently offers several dedicated child-focused plans that parents can use to build a corpus for their daughter’s education and marriage, while also providing a layer of life cover during the policy term. As of now, some of the popular LIC child plans that many parents explore for a girl child include LIC’s New Children’s Money Back Plan, LIC’s Child Future plan, and LIC’s Jeevan Tarun plan – all aimed at supporting long-term goals like higher studies, professional courses, and marriage expenses so that parents can start small today and gradually create a meaningful fund by the time their daughter needs it.
Most current LIC child plans combine disciplined savings with protection, which means they are designed so that even if something happens to the earning parent during the policy term, the plan can continue for the child. Features such as premium waiver, built-in life cover, and scheduled payouts help ensure that the dream of giving your daughter a good education or a dignified marriage is not compromised due to an unexpected event, making these plans especially useful for families where a single breadwinner carries most of the financial responsibility.
Typical features in current LIC child plans include flexible premium payment options (yearly, half-yearly, quarterly, or monthly), policy terms aligned with key milestones like age 18, 21, or 25, and survival or money-back benefits around those milestone years. Some plans are structured to provide periodic payouts during crucial education years, while others focus on building a lump sum at maturity that can be used for higher education or marriage costs, allowing parents to choose the structure that best matches when they expect to need the money for their daughter.
When selecting from current LIC child plans for your daughter, it is important to look at more than just the premium and also think about how much you realistically need for education and marriage, how many years you have before those goals, your current affordability, and how comfortable your family is with risk. Because LIC may update its child plan offerings, names, and features in future, parents should treat the plans mentioned above as current options and always review the latest details at the time of purchase before finalising the policy for their girl child.
If you find it confusing to match plan features with your daughter’s actual goals and timelines, personal guidance can save you time and prevent costly mistakes. For one-to-one help in understanding your requirements and selecting an appropriate life insurance or LIC child policy for your daughter, contact Life Insurance Advisor on mobile at +91-7832933580.