- Fast Estimates: The LIC calculator delivers results almost instantly, letting you review premiums and benefits without any waiting. It’s handy when you want to compare different plans, and it can work out annual, half-yearly, quarterly, or monthly premiums in no time.
- Reliable Projections: The LIC plans calculator considers your age, policy type, and the sum assured and then generates results. Thus, you can rely on those projected results, as they are based on the plan details of your policy.
- Latest Policy Details: The LIC Premium calculator utilises the most recent LIC plan details, ensuring you always receive the most up-to-date, accurate information. You can verify these plan details from the official policy brochure.
Child Plans
Child Plans
Savings for your child's future
Understand the benefits of a child education plan and secure your child
50+ plans compared
4.8★ rated
2M+ customers
18 plansCashless claimsTax benefits u/s 80CInstant issuance73+ insurers
Get a free quote
Compare Child Plans plans
Free, unbiased advice from licensed advisors · No spam, no obligation.
Why choose PolicyVent?
Everything you need to make an informed insurance decision.
Verified Plans
All plans from IRDAI-regulated insurers with transparent terms.
Instant Issuance
Get your policy document in minutes, fully digital process.
Best Prices
Compare 50+ plans side-by-side and save up to 40% on premiums.
24/7 Claims Support
Dedicated claims assistance whenever you need it most.
Child Plans Plans
18 plans available · Updated today
Showing 18 plans
Premium
Get Quote
Premium
Get Quote
- Life Insurance Corporation of India's LIC Customer Portal offers customers a very convenient way of accessing their policies online.
- Online LIC premiums payment can be done easily.
- Not only that, it consolidates policy details in a single place.
Premium
Get Quote
- Convenience: You can do your LIC premium payment at the convenience of your home, without visiting an office. LIC online payment also lets you pay with just your policy number or even without logging in.
- Payment Options: You can pay your LIC premium online using UPI, cards, net banking, or wallets, whichever you prefer.
- Anytime Access: The LIC online payment service works 24/7, so you can complete your LIC renewal premium payment whenever you want to.
Starting from
₹3,000/year
- It is a participating plan with limited premium payment option
- There are 3 options for maturity payouts which can be chosen as per requirement: Aspiration, Academia, Career
- There are 2 options for Death benefit payouts, Classic and Classic Waiver
Starting from
₹3,000/year
- It is a unit linked plan with regular premium payment mode.
- The plan provides 2 cover options of Life Option and Life & Health Option.
- There are 2 added options under the benefit payment preference which decides the way the beneficiary receives the benefit payouts. The options are- Save benefit and Save-n-gain benefit.
Starting from
₹3,000/year
- Premium starts
- ₹250/month
Starting from
₹3,000/year
- Guaranteed Returns: The child plan provides guaranteed income, ensuring financial stability for future goals. Guaranteed benefits are payable provided all due premiums have been paid.
- Life Cover: Life insurance cover is provided throughout the policy term. This benefit is payable upon the death of the Life Assured during the policy term.
- Future Premiums Waived Off: In the event of specific unforeseen circumstances, all future premiums can be waived. This waiver ensures the plan continues with the child's goals intact, even if the premium payer is affected.
Starting from
₹3,000/year
- Joint Life Coverage Option: This allows you to secure insurance coverage for both yourself and your spouse within the same policy. Alternatively, a Single Life option is available for coverage of just one parent.
- Payer Waiver Benefit: In the event of a parent's death, the nominee receives a lump-sum payment, and the company takes over payment of all future premiums until the end of the premium-paying term, securing the child's continued education.
- Choice of Funds and Portfolio Strategies : Policyholders can choose from 8 different funds and 3 portfolio strategies to align their investment approach with their individual risk tolerance.
Starting from
₹3,000/year
- Participating Child Plan: The plan is a participating Child Plan with the option of a single premium payment or a limited premium payment term.
- Triple Protection in One Plan: The policy provides triple protection for the child in case of the policyholder's death or disability. Immediate Payment: A lump-sum amount is paid to the family.
- Waiver of Premiums: All future premiums are waived.
Starting from
₹3,000/year
- Guaranteed Maturity Benefit: SBI Life Smart Platina Young Achiever Plan guarantees a predetermined amount of payout at the expiry of the policy term, and you are sure that your child will not be left without the required financial resources in the future.
- In-built Waiver Of Premium Benefit: The premiums are waived in the future, provided the policy continues existing in case of death or accidental total permanent disability of the proposer.
- Guaranteed Additions: Additional profits are earned each year, which accrue to the maturity value and improve savings in the long term.
Starting from
₹3,000/year
- Flexible Premiums: This investment plan allows policyholders to pay premiums either once (Single Pay) or for a limited period.
- Investment Boost: Get regular loyalty additions to increase your investment returns.
- Extensive Fund Options: Policyholders have the flexibility to choose from 25 Fund options for enhanced investment opportunities, ranging from 100% debt to 100% equity to suit various risk appetites.
Starting from
₹3,000/year
- Assured Milestone Benefits: You get guaranteed payouts that match your chosen milestones—education, marriage, or both.
- Choice of Payout Structure: You can choose whether you want payouts only for education, only for marriage, or a combination of both. Each payout is given as a fixed percentage of the sum assured.
- Flexible Terms and Payment Options: You can select the policy term and premium payment term based on when you want the payouts.
Starting from
₹3,000/year
- It is a participating plan with limited premium payment option
- There are 2 plan options of Option A and Option B
- Under option A, two payouts of 20% of SA and two of 30% of SA is paid every two years 5 years after the completion of the PPT
Starting from
₹3,000/year
- Premium starts
- ₹250/month
Starting from
₹3,000/year
- Customization Options: Policyholders can tailor their plan by choosing their Policy Term, Premium Paying Term, Premium Payment Frequency, Guaranteed Maturity Benefit (GMB), and Cash Installment Option.
- Premium Calculation: Your premium is determined by your chosen GMB, age, policy term, premium payment term, and premium payment frequency.
- Sum Assured: The Sum Assured for this plan is 10 times your Annualised Premium.
Starting from
₹3,000/year
- User-Friendly Interface: The calculator is easily accessible on Bajaj Life’s official website and mobile app, making it convenient for users to calculate premiums anytime, anywhere.
- Customized Planning: Input details like the child’s name, age, and goal amount (usually for funding education or marriage) and get premium estimates tailored to your financial capacity.
- Goal-Oriented Suggestions: The tool recommends plans that best fit your objectives based on the input data, allowing for multiple premium payment options such as yearly, half-yearly, quarterly, or monthly.
Starting from
₹3,000/year
- Product Type: It is a Non-Participating Unit-Linked Individual Life Insurance Plan.
- Coverage: The plan covers all individuals following the Company's Board-approved underwriting policy.
- Premium Payment Modes: Premiums can be paid Annually, Semi-Annually, Quarterly, or Monthly.
Starting from
₹3,000/year
- The Axis Max Life Child Plan Premium calculator was designed with the customer's requirements in mind. It was made specifically to be as easy to use.
- Gives the customer a hassle-free and effective way to calculate the premium of the desired child insurance plan
- To make the process of buying insurance a simple process and give the customer more control.
2 Cr+
Happy Customers
50+
Insurer Partners
4.8★
App Rating
98%
Claims Settled
About Child Plans
What is Child Plans?
Understand the benefits of a child education plan and secure your child
Why buy Child Plans?
- Financial protection against unexpected events
- Peace of mind for you and your family
- Tax benefits available on premiums
- Cashless / direct settlement of claims
Key benefits
- Comprehensive coverage tailored to your needs
- Add-on covers for extra protection
- Lifetime renewals (where available)
- Tax savings under applicable sections
What to check before you buy
- Compare premiums for the same cover across insurers
- Read inclusions and exclusions carefully
- Check claim settlement ratio and process
- Review eligibility — age, sum insured, waiting periods
- Verify network coverage (hospitals/garages where applicable)
Tax benefits
Premiums paid may be eligible for tax deductions under various sections of the Income Tax Act. Consult a qualified tax advisor for specifics.






