LIC Child Future Plan: Secure Your Child’s Life Even in Your Absence

LIC Child Future Plan ensures that your child’s financial future remains secure even if something happens to the parent.

This plan provides financial protection + guaranteed savings.

Key Features

• Life cover for parent
• Waiver of premium on death
• Regular savings plan
• Bonus included

How It Works

• Parent pays premium
• If parent dies → premium stops
• Policy continues
• Child gets full benefit

Benefits

Death Benefit

• Immediate payout to family
• Future premiums waived

Maturity Benefit

• Lump sum amount + bonus

Key Benefits

• Full protection for child
• No burden after parent’s death
• Guaranteed maturity

Best For

• Parents with young children
• Single earning families
• Risk-averse investors

This is one of the safest plans for securing your child’s future in uncertain situations.