LIC Special Scheme: In today’s time, LIC Policy proves to be very helpful in securing our future. We should get a policy for ourselves as well as for our children. In these policies you can get benefits like life cover, education and savings of your children. You can also invest in LIC schemes.
We can get many types of insurance in LIC. In this, along with securing your own future, you can also secure the future of your children. In these policies, your children will get life insurance coverage along with savings and money for their education.
In fact, if we get our children insured, then when they grow up, there will be less worry about their education expenses.
Which LIC plans can you invest in for your children?
LIC Jeevan Tarun Plan
LIC Jeevan Tarun Plan is a type of life insurance. In this you can insure your child between 90 days to 12 years. This policy matures after 25 years. In this, when your child turns 18, 20 and 22 years old, he can withdraw money from the policy.
LIC New Children Money Bank
LIC New Children Money Bank is a non-linked plan. In this you can get insurance for children between 90 days to 12 years. This policy matures after 25 years. In this also the child can withdraw money at the age of 18, 20 and 22 years.
LIC Children Education Plan
LIC Children Education Plan is for the education of children. In this you can buy a policy for children from birth till the age of 12 years. In this, you get money for life insurance coverage and education of your child. It helps a lot in your child’s education.
Benefits of these policies
- In this, children get the benefit of life coverage.
- It promotes saving for children.
- In this you can provide money for your children’s education.
