New Children's Money Back

Children are the future of our world, and as parents, most of us are committed to providing our children with a sufficient platform to succeed in life. LIC's New Children's Money Back Plan is a unique plan designed to meet the diverse needs of growing children, including their education, marriage, etc. This participatory, non-linked money back plan provides survival benefits in addition to risk cover for children.

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LIC's New Children's Money Back Plan is a Non-linked , individual, Life Assurance money-back plan. This plan is specifically designed to meet the education, marriage and other needs of adolescent children through Survival Benefits. It also provides term insurance for the life of the child during the policy term and a range of survival benefits in case of survival till the end of the specified terms. The plan can be taken out by any of the parents or grandparents for a child aged 0 to 12 years.

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