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Common Exclusions Under A Child Life Insurane Policies

Published On Feb 08, 2022 10:30 AM By InsuranceDekho

As a parent, your first and most important job is to have good financial planning in place to ensure that your children have a safe and secure future even if you are not around. These preparations will assist your children in receiving financial assistance as they progress through life's significant milestones. Child plans are a sort of life insurance that plays a significant role in assisting parents in achieving their goals. Unit Linked Life Insurance Plan and Saving Plan are the two types of child plans available. Some of the Child Plans are specifically developed with the fact that life is unpredictable in mind. The plan provides you with life insurance as well as periodical rewards at key milestones in your child's life. Child insurance policies assist you in increasing your money and establishing an investment portfolio for future growth. In the event of a tragic occurrence such as death, your children can use this investment fund to fund their higher education. In this post, we'll go over various exclusions or situations in which the Child Insurance Policy doesn't give any coverage or benefits.

Common Exclusions Under A Child Life Insurane Policies

Child Insurance Plan Exclusions

The Child Insurance Policy does not cover some of the exclusions. The following is a list of the same

1. Suicide or Self-Harm

If a child dies as a result of suicide within the first year of the policy, the nominee of the insurance is not entitled to any claim amount or coverage. If the nominee dies within one year of the policy's start date, the lump sum amount of Sum Assured and Premium Waiver is not payable, but just the Fund Value on the day of death is.

2. Driving under the influence of drugs or alcohol causes an accident.

In the event that the insurers die as a result of driving while intoxicated or consuming any dangerous intoxicants, the Child Insurance Policy does not offer any coverage or claim amount to the nominee of the policy.

3. Criminal Behavior

In the event that the insurer is involved in any illegal action, war-related crimes, or criminal conduct that results in the insurer's death, Child Insurance Plans do not accept any claim amount or coverage facility.

4. Participation in Extreme or Dangerous Sports

If a child knows that he or she will participate in risky and dangerous adventurous activities or risky sports such as sky diving, rock climbing, paragliding, hang gliding, etc., the insurance will not receive any claim amount or coverage.

5. Abuse of Alcohol or Drugs

If the insurer dies as a result of consuming alcohol or taking an overdose of drugs, no claim amount or coverage is available to the nominee under the Child Insurance Policy.


A kid insurance plan provides life protection as well as flexible payouts at key junctures in your child's life. Furthermore, some of the best child plans are created with the understanding that life is unpredictable. It aids in the formation of a corpus that will assist parents in managing key expenses associated with their children, such as higher education. This corpus can be used even in the terrible event of a parent's premature death. Child insurance policies can be used as a tax-saving technique. Before deciding on insurance, make sure you read the exclusions carefully and thoroughly. Because only after checking all of the exclusions that the Child Insurance Policy does not cover. You can choose an ideal Child Plan, one that has the fewest exclusions and is best suited to your needs and suitability.

Also Read: Importance Of Child Life Insurance Plans

Some Tips To Choose A Child Life Insurance Plans

Disclaimer: This article is issued in the general public interest and meant for general information purposes only. Readers are advised not to rely on the contents of the article as conclusive in nature and should research further or consult an expert in this regard.

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