LIC New Children Money Back Plan
LIC New Children Money Back Plan is a participating non-linked money back plan. This plan is specially designed to meet the educational, marriage and other needs of growing children through Survival Benefits. This Children Education plan provides for the risk cover on the life of child during the policy term and for number of survival benefits on surviving to the end of the specified durations. The plan can be purchased by any of the parent or grand parent for a child aged 0 to 12 years.
Provides risk cover on the life of child during the policy term and number of survival benefits to meet the various financial needs of children.