Secure Your Child's Dreams.

Child insurance is a specialized life insurance policy designed to secure your child's key future milestones, such as higher education, career setup, and marriage. It functions as both a savings tool and a protection tool, building a financial corpus over time while safeguarding their goals even in your absence.

It is ideal to buy a child insurance plan as early as possible—ideally when the child is between 0 and 5 years old. Starting early gives your investment a longer horizon to accumulate compound interest, resulting in a much larger corpus when they reach the age of 18 or 21.

If the parent (proposer) passes away during the policy term, the Waiver of Premium (WOP) benefit is activated. Under this benefit, the insurer waives all future premium payments and continues to fund the policy. Additionally, an immediate death benefit is paid to the family to meet ongoing expenses, and the child receives the full maturity benefit at the scheduled term end.

If you stop paying premiums early, the policy can lapse and you may lose coverage and accumulated benefits. However, if premiums have been paid for at least 2 to 3 years, the policy may continue as a paid-up policy with reduced benefits. It is highly recommended to continue regular payments to ensure your child's goals are fully funded.

Yes, child insurance plans offer dual tax benefits in India under current tax laws. The premiums paid qualify for a tax deduction of up to ₹1.5 Lakhs under Section 80C of the Income Tax Act. Furthermore, the final maturity payouts and any death benefits received are completely tax-exempt under Section 10(10D).