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Top Child Life Insurance Plans To Invest In 2022

Published On Jan 21, 2022 10:30 AM By InsuranceDekho

You can purchase many sorts of Child insurance plans to ensure that your child's future is safe and secure and that he or she is able to accomplish all of his or her dreams regardless of whether you are present or not. Child insurance plans are a type of life insurance that can help you provide a secure financial future for your child. Even if you are not present when the plan matures, the plan provides you with an investment corpus. As a result, you can leave a secure and guaranteed fund for your child's future. A Child plan not only protects your child's future, but it also provides you with a few extra perks.The Child Education Package is a two-part investment and insurance plan. The first step is to build a financial foundation, particularly for the youngsters. Second, it seeks to provide cash for significant future achievements for the child.

Top Child Life Insurance Plans To Invest In 2022

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Here are some of the best Child investment plans for 2022 that you should look into.

1. HDFC Youngstar Super Premium 

This policy is an HDFC unified linked insurance package including life insurance. It's an excellent financial security plan for your child, with two customizable benefit payment options: Save Benefit and Save-n-Gain Benefit. Depending on your demands, the SL Youngstar Super Premium Plan has four funds to choose from: Mutual funds include the Income Fund, Balanced Fund, Blue Chip Fund, and Opportunities Fund.

2. New Children's Money Back Plan from LIC

The LIC New Children's Money Back Plan is a participating non-linked money back plan. Its goal is to offer youngsters survival advantages in order to meet their educational, marriage, and other needs. This insurance provides death benefits as well as a variety of survival and maturity benefits. The policyholder can claim the survivor benefit at any time throughout the policy's term, whether before or after the due date. Furthermore, for an additional premium, the LIC's Premium Waiver Benefit Rider is available for the life of a proposer aged 18 to 55 years old.

3. Bharti AXA Life's Child Advantage Plan

This is a basic Child investing plan with two maturity benefit options: money-back or endowment. The plan allows you to opt-out of the premium benefit. If you die, the insurer continues to pay the payment so that your child can benefit from the insurance. To apply, parents must be at least 18 years old, with a maximum age of 50 years for the Regular Pay option and 55 years for the Limited Pay option. The Regular Pay option matures at 71 years, whereas the Limited Pay option matures at 76 years. The policy period could range from 11 to 21 years.

4. Bajaj Allianz Young Assurance 

Young Assure is one of the Child Investing solutions offered by Bajaj Allianz. It's a typical Child insurance policy with an accidental total disability benefit thrown in for good measure. The minimum age to participate in this plan is 18 years old, and the maximum age to participate is 50 years old. The lowest maturity age is 28 years, while the greatest maturity age is 60 years. In addition, the covered amount is ten times the annual payment. The policy term options are ten, fifteen, and twenty years. Premium payments can be made monthly, quarterly, semi-annually, or annually.


You would never jeopardize your children's future, especially their education, as a parent. Investing in a Child plan, on the other hand, lets you plan ahead of time and ensure that your child is healthy at all times. Child plans are available in a variety of styles, including market-linked and conventional plans, as well as regular and lump-sum plans. After weighing the numerous premiums and incentives, you should make your decision depending on the exact requirement.

Also Read: Should I Buy A LIC Policy For My Girl Child?

How To Choose The Right Insurance For Your Child?

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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