LIC Children Education & Marriage planning
- LIC’s children plans offers guaranteed returns for the secured future of your child, it may be for the education of the child or marriage or generation of wealth.
Child Insurance Plans began from the Child age 0.
Planning for your child’s future is an ongoing process; a small investment in time can save your child's future from the uncertainties of life. Even if you are not there to stand by his side, he will be secure, happy and independent.
In all kinds of Child Insurance Policies provided by LIC, the child is the beneficiary which means is case of the death of the parent; it is only the child who will get monetary benefit and nobody else.
Parents must select a policy which suits their budget as well as their child's future. Sum assured or guaranteed returns are the main features of child plan.
All Child policies from LIC comes under Section 80C of the Income Tax Act, 1961.
