Plan 185 Actuarion Engine 2026

LIC Child Future Plan (Plan 185) Calculator

Model LIC's premier legacy child plan. Calculates money-back survival benefits paid during the final years of the term, with automatic premium waiver protection.

Child Milestone Payouts: Regular cash benefits paid at milestone ages

Premium Waiver Benefit: PPT ends automatically on parent's death

Life Cover on child's life with auto-commencement at age 7

Participating Plan: Accrues reversionary and final additional bonuses

Tax deductions u/s 80C and tax-free payouts u/s 10(10D)

LIC Child Future Plan Inputs

LIC Child Future Plan (Plan 185) specialized calculator. Adjust your sliders to recalculate active returns.

1. Basic Sum Assured (₹)₹3,00,000

2. Age of Proposer/Insured (Years)5 Years Old

3. Policy Coverage Term (Years)20 Years

Premium Payment Frequency

Plan 185

Estimated Maturity Returns

₹5,67,000

Estimated returns payout at policy maturity

Actuarial Projections

Sovereign-backed security of sum assured and returns u/s 10(10D).
Eligible for annual premium tax exemptions under Section 80C.
Loan and policy surrender values accumulate continuously.

$First Year Premium:₹573

Renewal Premium (Year 2+):₹560

Total Estimated Premiums Paid:₹11,213

Basic Sum Assured:₹3,00,000

Accumulated Endowment Bonuses:₹2,52,000

Estimated Net Maturity Benefit:₹5,67,000

Returns Performance50.57x Return

Guide to LIC Child Future Plan (Plan 185)

LIC's Child Future Plan (Plan 185) is a participating endowment plan designed to secure a child's education and marriage milestones. The policy is proposed by a parent on the child's life. It offers survival benefits at key child ages (18, 20, 22, and 24 years), plus a final maturity payout. It features a Premium Waiver Benefit, ensuring the child's future is secure even if the parent passes away.

Plan Eligibility & Key Actuarial Limits

Policy parameter	Details and limits
Minimum Entry Age (Child)	0 Years (90 Days completed)
Maximum Entry Age (Child)	12 Years
Minimum Sum Assured	₹1,00,000
Maximum Sum Assured	No Limit
Survival Payout Ages	18, 20, 22, and 24 Years
Policy Maturity Age	25 Years

Tax Benefits & Payout Options

Premiums qualify for Section 80C deductions. The survival money-back cashbacks and final maturity proceeds are tax-exempt under Section 10(10D).

Frequently Asked Questions (FAQs)

How are survival benefits paid under Child Future Plan?

The plan pays 25% of the Sum Assured at age 18, 10% at age 20, 10% at age 22, and 10% at age 24. The remaining 45% of the Sum Assured along with accumulated bonuses is paid at age 25.

What happens if the proposer (parent) dies during the term?

Upon the parent's death, future premiums are waived immediately. The policy continues to remain active, and all scheduled money-back benefits and maturity bonuses are paid to the child at the specified ages.

Is this plan open for new purchases?

No, Plan 185 has been replaced by newer child plans, but existing policyholders use this tool to calculate their bonuses and active cash flows.

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