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Child Education Plan

Secure Your Child's Bright Future.

Compare child education plans from multiple insurers — savings-cum-insurance plans that build a corpus for your child's education with life cover.

Savings + Insurance Waiver of Premium Tax Benefits Claim Support

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Why It Matters

Why Child Education Plans are Important

Education costs are rising every year. A child education plan helps you prepare in advance.

Build Education Corpus

Systematically save for your child's higher education over time.

Life Cover Protection

Provides life cover for the parent so the child's future is protected.

Waiver of Premium

Future premiums may be waived if the parent dies or is disabled.

Tax Benefits

Premiums may qualify for tax benefits under applicable sections.

Disciplined Savings

Regular investments help build a meaningful education fund.

Goal-Based Planning

Align investments with your child's education milestones.

FAQs

Child Education Plan — Frequently Asked Questions

Answers to the most common questions about child education plans.

What is a Child Education Plan?

It is a savings-cum-insurance plan that helps build a corpus for your child's education and provides life cover.

When should I start a Child Education Plan?

The earlier, the better. Starting when your child is young gives more time for compounding.

What happens if the parent dies during the policy?

Most plans waive future premiums and continue paying the maturity benefit to the child, as per policy terms.

Can I withdraw money before maturity?

Some plans allow partial withdrawals after a lock-in period. Check the policy terms.

Are Child Education Plans taxable?

Premiums may qualify under Section 80C; maturity proceeds are generally tax-free under Section 10(10D), subject to conditions.

How much should I invest for my child's education?

Estimate future education cost and inflation, then choose a plan that meets that target. We can help you plan.

What is a waiver of premium benefit?

Future premiums are waived if the parent dies or is disabled, and the policy continues, as per terms.

Are there different types of child plans?

Yes — endowment, ULIP, money-back and term with child rider options are available.

What if I stop paying premiums?

The policy may lapse or become paid-up. Some plans offer a grace period.

Can grandparents buy a child plan?

Yes, if they are the legal guardian or parent, subject to insurer norms.

How is the maturity amount paid?

As a lump sum, in installments, or as a monthly income, depending on the plan.

Can you help me choose a Child Education Plan?

Yes. We can explain available options from different insurers based on your goals and budget.

Ready to Secure Your Child's Future?

Explore available child education plans with personalized guidance from our team.