Planning for your daughter’s future starts with securing her financial needs; from quality education and higher studies to marriage and beyond. As of December 2025, Life Insurance Corporation of India (LIC) offers reliable child-focused traditional policies that combine life coverage with savings, free from market risks. The primary plans suitable for girl children (entry from age 0 or shortly after) are LIC’s New Children’s Money Back Plan (Table 932) and LIC Jeevan Tarun (Table 934), both participating plans eligible for bonuses. Additionally, LIC Amritbaal (Table 874) is a non-linked, non-participating plan with guaranteed additions and no discretionary bonuses (entry from 30 days), suitable for parents seeking predictable growth. For complementary family protection, consider LIC Jeevan Lakshya (Table 933), a parent-focused plan where benefits pass to the child as nominee.
These traditional policies may qualify for tax benefits under Section 80C (on premiums) and Section 10(10D) (on maturity/death benefits), subject to conditions such as premium-to-sum-assured ratio and aggregate annual premiums across policies. Premiums depend on the child’s age, chosen sum assured, policy term, and payment frequency. Optional riders, such as premium waiver on the proposer’s death, are available at extra cost (subject to LIC’s underwriting rules). Information is based on the latest available data as of December 2025; always verify with official LIC brochures, as terms may update.
Risk coverage for the child follows plan-specific guidelines (typically starting from age 8 or after 2 policy years, whichever is earlier); consult the brochure for precise details.
Why Invest in LIC Girl Child Plans Early?
Investing early in LIC girl child plans allows compounding to build a substantial corpus over time, shielding your daughter’s dreams from inflation and unexpected costs. These plans are unisex but are often chosen for daughters to fund education (e.g., college fees, overseas studies) and marriage expenses, providing tax-efficient savings and life cover. With wedding costs that can often be in the range of ₹15-25 lakhs and higher education expenses that can range around ₹10-30 lakhs in 2025, starting at birth maximizes bonuses and guaranteed additions. Plus, premium waiver riders ensure the plan continues even if the parent passes away.
Top LIC Girl Child Plans in 2025: An Overview
LIC’s child plans are non-linked, participating (except Amritbaal), offering conservative returns (illustrative 4-8% as per IRDAI projections; not guaranteed). Here’s a comparison:
| Scheme | Entry Age (Child) | Policy Term | Premium Payment Term | Minimum Sum Assured | Key Future Benefits Overview | Bonus/GA |
|---|---|---|---|---|---|---|
| LIC’s New Children’s Money Back Plan (Table 932) | 0-12 years | 25 – entry age | Same as policy term | ₹1,00,000 (multiples of ₹5,000) | Survival payouts (20% SA at ages 18,20,22) for education; maturity (40% SA + bonuses) for marriage; death cover. | Participating bonuses (not guaranteed) |
| LIC Jeevan Tarun (Table 934) | 90 days-12 years | 25 – entry age | 20 – entry age (limited pay) | ₹75,000 | Survival benefits from 20–24 as per chosen option: 0/5/10/15% SA per year; maturity 100/75/50/25% SA + bonuses for education/marriage; death cover. | Participating bonuses (not guaranteed) |
| LIC Amritbaal (Table 874) | 30 days-13 years | Maturity age 18-25 years | Limited (5-7 years) or single pay | ₹2,00,000 | No survival benefits; maturity as lump sum (SA + guaranteed additions) for education/marriage; death cover with options for higher multiples. | Guaranteed additions (₹80 per ₹1,000 SA annually as per current brochure; no bonuses as this is non-participating) |
Bonuses vary annually (recent rates: ₹40-50 per ₹1,000 SA for longer terms, with a new ₹5 lakh SA slab for higher bonuses in 2025). All plans allow loans after 2 years and surrender options.
LIC New Children’s Money Back Plan (Table 932): Features & Benefits
This money-back plan provides staggered payouts ideal for a girl’s growing needs. Survival benefits at ages 18, 20, 22 (20% SA each) can cover college fees, while maturity at 25 (40% SA + bonuses) funds marriage. Total: 100% SA + bonuses. Death benefit: SA + bonuses (min 105% premiums paid).
LIC Jeevan Tarun (Table 934): Flexible Payouts for Milestones
Flexible options (0%, 5%, 10%, or 15% SA per year ages 20-24) make it versatile for education or marriage. Maturity: Remaining 100/75/50/25% SA + bonuses. Limited pay reduces long-term commitment. Suitable for girls with varying milestone needs.
LIC Amritbaal (Table 874): Guaranteed Growth for Predictable Returns
This non-participating plan offers guaranteed additions (₹80/₹1,000 SA/year) for a lump sum at maturity (age 18-25), perfect for wedding or higher education corpus. No interim payouts, but death benefit includes accrued additions.
How These Plans Help Build a Corpus for Daughter’s Education
Payouts align with education milestones: e.g., in Jeevan Tarun, Option 4 distributes 75% SA over ages 20-24 (15% SA per year for 5 years, 25% at maturity) for tuition/fees. New Children’s Money Back’s 20% SA at 18/20/22 covers admissions. Amritbaal’s lump sum at 18+ funds post-grad. With bonuses or guaranteed additions, internal projections at 4% and 8% (as per IRDAI illustration norms) show that a ₹5 lakh SA can grow to a substantially higher maturity value; exact figures depend on plan, term and LIC’s future experience.
Funding Your Daughter’s Marriage: Survival Benefits & Maturity Payouts
Maturity benefits provide a wedding fund: e.g., New Children’s Money Back’s 40% SA + bonuses at 25. Jeevan Tarun’s flexible distributions accumulate for expenses. Amritbaal’s guaranteed sum ensures certainty. Death cover protects the corpus.
Comparison: Which LIC Girl Child Plan is Best for Education vs Marriage?
For phased education needs: Jeevan Tarun (flexible). For fixed milestones: New Children’s Money Back. For lump sum marriage: Amritbaal. Combine with Jeevan Lakshya for parent protection.
Premium Examples & Eligibility for Girl Child Plans
Eligibility is straightforward: Proposer (parent/grandparent) aged 18-55/65 (plan-specific); child entry as above. No gender differentiation; plans are unisex, but ideal for girls’ futures. Health declaration required; no medical exam for low SA.
Illustrative premiums (annual mode, for ₹5L SA, child age 0, as of 2025; exclude GST/taxes; use LIC calculator for quotes):
- New Children’s Money Back (25-year term): ₹18,000-₹22,000/year (regular pay).
- Jeevan Tarun (25-year term, Option 1): ₹20,000-₹25,000/year (limited pay).
- Amritbaal (20-year maturity, 5-year pay): ₹80,000-₹1,00,000/year (limited); or ₹4-5L single pay for guaranteed growth.
Premiums decrease with higher SA (rebates) and yearly mode (2% discount). For single pay in Amritbaal, focus on guaranteed additions for corpus building.
Tax Benefits and Riders in LIC Girl Child Plans
Premiums may qualify for deduction under Section 80C, and maturity/death benefits may be exempt under Section 10(10D), subject to conditions such as premium-to-sum-assured ratio and aggregate annual premiums across policies. Add premium waiver rider (at extra cost) for continuity.
LIC Jeevan Lakshya: Additional Parent Protection for Your Daughter’s Security
Proposer (parent) aged 18-50; term 13-25 years. On death, the policy provides an annual income benefit of 10% of Basic SA till maturity, and at maturity the nominee receives 110% of Basic SA plus bonuses. The ‘Sum Assured on Death’ is defined as the higher of 7× annualised premium or 110% of Basic SA, as per brochure conditions.
Frequently Asked Questions About LIC Plans for Girl Child
- Is there a specific LIC daughter marriage plan? No, but child plans like Jeevan Tarun can fund it.
- What’s the min investment? Starts from ₹75,000 SA.
- Are returns guaranteed? Bonuses not; additions in Amritbaal are.
Start Planning Today: Consult an LIC Advisor for Your Daughter’s Future
Secure her tomorrow; contact +91-7832933580 for personalized advice. Always check latest LIC updates.
