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LIC New Children’s Money Back Plan: Best Plan for Child Milestones

LIC New Children’s Money Back Plan is designed to provide financial support at important stages of a child’s life like education, college, and career start.

Key Features

  • Entry Age: 0–12 years
  • Maturity Age: 25 years
  • Money-back benefits
  • Bonus included

Premium Structure

  • Regular premium payment
  • Flexible modes available

Benefits

Survival Benefits

  • Age 18: 20%
  • Age 20: 20%
  • Age 22: 20%

Maturity Benefit

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  • Remaining 40% + bonus at 25

Key Benefits

  • Regular payouts
  • Financial support during studies
  • Risk coverage

Best For

  • Parents planning staged expenses
  • Education funding
  • Safe investment seekers
A perfect plan for parents who want money at different stages of their child’s life.