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Life

Child Education Plan

A savings plan that still pays if a parent is not around

Premium-waiver on death of the proposer so the child’s education corpus stays on track. Complements an education loan, does not replace it.

Cover from

Goal-based corpus

Premium

From ₹2,000 / month*

Category

Life

Type

School & college

Highlights

  • Waiver of future premiums
  • Maturity aligned to class 12 / UG
  • Partial withdrawals as per plan
  • Life cover on the parent

Who it suits

  • Parents of school-age children
  • Families planning studies abroad
  • Anyone pairing a child plan with a term cover

At claim time

  • Death claim: nominee + child KYC
  • Maturity: bank and policy papers
  • Waiver: same as a life claim

Tied up with leading banks & NBFCs

State Bank of India
HDFC Bank
ICICI Bank
Axis Bank
Kotak Mahindra Bank
Bank of Baroda
Punjab National Bank
Canara Bank
IDFC FIRST Bank
LIC Housing Finance
Bajaj Finance
Tata Capital
Union Bank of India
Indian Bank
Yes Bank
IndusInd Bank
Federal Bank
Bandhan Bank
RBL Bank
Karnataka Bank
South Indian Bank
Bank of India
Central Bank of India
UCO Bank
State Bank of India
HDFC Bank
ICICI Bank
Axis Bank
Kotak Mahindra Bank
Bank of Baroda
Punjab National Bank
Canara Bank
IDFC FIRST Bank
LIC Housing Finance
Bajaj Finance
Tata Capital
Union Bank of India
Indian Bank
Yes Bank
IndusInd Bank
Federal Bank
Bandhan Bank
RBL Bank
Karnataka Bank
South Indian Bank
Bank of India
Central Bank of India
UCO Bank