LIC Child Plan Calculator

An LIC Child Planis specifically designed to secure the financial future of your children, ensuring their education, marriage, and career milestones are completely funded. These plans, such as LIC Jeevan Tarun and LIC New Children's Money Back Plan, offer the perfect blend of savings and insurance.

Why Invest in an LIC Child Plan?

With the rising costs of higher education, starting early is the key. LIC Child plans come with the incredible Premium Waiver Benefit (PWB) Rider. If the parent unfortunately passes away during the policy term, the LIC waives all future premiums, but the policy continues. The child receives the exact maturity amount at the promised age, guaranteeing their dreams are never compromised.

• Money-Back Payouts: Receive crucial payouts at specific ages (e.g., 18, 20, 22 years) to fund graduation and higher studies.
• Guaranteed Maturity: The final lump sum ensures enough capital for a startup, foreign education, or marriage.
• Tax Free Returns: Under Section 10(10D), the maturity amounts are tax-free, and premiums enjoy Section 80C benefits.

How the Child Plan Calculator Works

Our LIC Child Policy Premium Calculatorprovides exact estimates for your financial planning. Simply input your child's age, your target corpus, and choose the payment frequency. The calculator will break down the required daily/monthly savings to achieve that multi-lakh education fund by the time they turn 18.