Child plans build a guaranteed corpus for school, college and milestones. And with a premium-waiver benefit, the plan keeps funding itself even if you're no longer around to pay for it.
A rough estimate of the fund you'll want ready. Takes 20 seconds.
Your child's admission won't wait for the market to recover or for savings to catch up. A dedicated child plan makes sure the money is ready at the exact ages it's needed — and its defining feature, the premium-waiver benefit, means that if the parent passes away, the insurer pays the remaining premiums and the plan still matures in full for the child.
Education costs in India are rising faster than general inflation. Starting early — even with a modest premium — gives compounding the years it needs. As an IRDAI-licensed advisor in [City], I'll help you size the fund to a realistic goal and start at a comfortable premium.
Different families plan differently. Here's how the main child-plan structures compare — I'll help you choose.
Build a lump sum payable when your child reaches a chosen age — typically timed for higher education.
Payouts released at key stages — school, college entry, graduation — so money arrives when each bill does.
Periodic survival benefits during the term, useful for recurring fees, plus a final maturity amount.
The essential safeguard: if the parent passes away, future premiums are waived and the plan still pays out in full.
Cover and savings that can extend into your child's adulthood, doubling as an early legacy or wedding fund.
Have a lump sum now? Lock it in once and let it grow toward your child's future with no ongoing premiums.
The standout feature: the plan self-funds and still matures in full if the parent passes away.
Structure money to arrive at school, college and graduation — not all at the end.
A defined maturity amount so you can plan the goal around a real number.
Participating plans grow the fund further with accumulated bonuses.
Monthly to yearly options, or a single premium, to match your budget.
I keep track of renewals and milestones so nothing slips through the cracks.
Funding your child's future can also reduce your taxable income. I'll make sure the plan is structured to your advantage.
Premiums qualify for deduction up to ₹1.5 lakh per financial year.
Maturity and death benefits are generally tax-free, subject to conditions.
The premium-waiver benefit keeps the goal funded without adding to the family's burden.
Tax benefits are subject to prevailing tax laws and may change. Please consult your tax advisor.
No cold sales calls. Just a clear path from confusion to confidence.
We talk about your family, your budget, existing cover and what you're worried about.
I show you the right plans for your goal — with the trade-offs laid out plainly.
You choose what fits. I handle paperwork, medicals and a smooth, paperless purchase.
I stay your point of contact for renewals, changes and claims for as long as you hold the policy.
It's the feature that sets child plans apart. If the parent (the person paying) passes away during the term, the insurer waives all remaining premiums, and the plan continues and pays out in full at maturity as planned. The child's goal stays funded even though the premiums stop.
As early as you can. Education costs rise every year, and the more years the plan runs, the more compounding and bonuses work in your favour. Even a small premium started when your child is very young can outperform a larger premium started later.
Estimate the annual course fee today, allow for education inflation of roughly 8–10% a year until your child starts, and multiply across the course length. The calculator at the top of this page gives a quick figure — then we'll refine it together.
In many plans, yes — a grandparent or guardian can be the proposer. The exact rules depend on the plan, and I'll confirm what's possible for your situation.
There's a grace period to pay without losing cover, and lapsed plans can usually be revived within a few years. I'll set up reminders so it rarely comes to that.
Yes. Premiums qualify under Section 80C up to ₹1.5 lakh a year, and the payout is generally tax-free under Section 10(10D), subject to conditions. Tax rules can change over time.
A realistic look at education inflation and what to budget for.
LifeThe premium-waiver benefit, explained simply.
Tax savingsMake the goal and the tax break work together.
Tell me a little about yourself and I'll get back within one working day — on call, WhatsApp, or in person.