Compare & Buy Car, Bike and Health Insurance Online - InsuranceDekho
Claim, renew, manage & moreLogin

Term Life Insurance Premium Calculator


  • Male
  • Female

Date of Birth


Do you smoke or chew tobacco?

  • Yes
  • No

Choose required coverage to secure your family’s future

Disclaimer :
1. Premium has been calculated for coverage till 60 years
2. Eligibility depends on income, occupation and educational qualification

Which Is The Best LIC Policy For A Girl Child In India?

Published On Dec 17, 2021 11:00 AM By InsuranceDekho

The Life Corporation of India (LIC) has developed a Money Back Plan for Children. The LIC Child plan is a participation plan that provides guaranteed payouts known as survival benefits for the policy's term to assist a growing child in meeting their scholastic, marital, and other financial responsibilities. This plan covers life insurance for the Child for the lifetime of the policy, as well as survival benefits to help meet the financial needs of a growing child at different stages of life. This programme is open to parents and grandparents with children aged 30 days to 12 years.

LIC's Best Girl Child Insurance Plans

To ensure your child's financial stability, LIC provides the following plans:

1. The New LIC Children's Money Back Plan

It's a standard non-linked Money Back plan that necessitates your involvement. This plan is intended to give parents benefits that will assist them in saving and investing for their children. It provides perks that allow you to save money for your child's wedding or education. This plan also includes risk coverage, ensuring that you have worry-free travel. If the life guaranteed dies accidentally before the start of the risk period, the nominee will receive a sum of the return of premiums, rider premium, and any applicable taxes.

When the life promised survives the ages of 18, 20, and 22, the basic money assured is given at a 20% rate. If the life insured lives to the maturity age of the policy, they will get the SA as well as any other incentives that may be granted. When the life promised survives the ages of 18, 20, and 22, the basic money assured is given at a 20% rate. If the life insured lives to the maturity age of the policy, they will get the SA as well as any other incentives that may be granted.

2. LIC Jeevan Tarun 

It is a participation-based, non-linked plan with a low premium cost. It combines the advantages of a life insurance policy and a savings account into a single bundle. It was designed expressly to address a child's financial needs. A parent might invest in this plan if they want to financially aid their Child with schooling or other life objectives. If a parent dies before the risk develops, the beneficiary receives the death benefit, which includes no additional premiums or incentives. If it occurs beyond the deadline, the recipient is entitled to the whole amount insured, as well as any reversionary incentives. It is estimated that the death benefit will be at least 125 percent more than the regular payout.

If the Child reaches the legal age of 20, they will get a part of the money covered, which will be paid out over the next four policy anniversaries under the survival benefit. If the life insured survives to the policy's maturity age, they will get a maturity benefit as well as any extra benefits that may be available.

3. LIC Kanyadan Policy 

Your daughter is covered by the LIC Kanyadan insurance. Unlike other policies, this one provides a safety net for your daughter's potential marriage and college expenditures. The Kanyadan Policy was created by the Life Insurance Corporation of India (LIC) to help parents financially. The Kanyadan Policy protects you against danger while also allowing you to save money until the conclusion of the term. As a result, it is an excellent plan for parents, with extremely low premiums and a large number of guaranteed options.


LIC is a financial services firm that offers three types of Child insurance for girls in order to assist them in saving and investing for their child's future. These are investments that are both risk-free and rewarding. Child. In this case, children's insurance coverage may be useful. These agreements ensure the creation of a financial corpus regardless of whether the parent is alive or not. The LIC Child Plan is one such Child insurance plan that may assist guarantee your child's financial future.

Also read - Exploring the significance of LIC New Children's Money Back Plan

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.

Popularly Opted Term Insurance Sum Assured

People Also Read

Must BuyMust Buy

Why to Buy Life Insurance Policy Online from InsuranceDekho

  • Tax benefit upto 1,50,000*
  • Claim support everyday 10AM-7PM
  • 45 Lacs+ happy customers