Child Plan

What is a Child Plan?

A child plan is a specially designed insurance-cum-investment policy that provides financial protection to your child in case of unforeseen circumstances. It ensures that your child’s education and other needs are never compromised, even if something unexpected happens to you.

Key Benefits of Child Plans

1. Financial Security: Child plans provide a safety net for your child’s future by ensuring a lump sum payout in case of the policyholder’s unfortunate demise.
2. Education Support: Rising education costs can be overwhelming. With the right child plan, you can build a dedicated fund for your child’s schooling, higher education, or overseas studies.
3. Dual Advantage of Insurance + Investment: Child plans not only offer life cover but also allow your money to grow through market-linked or traditional investment options.
4. Flexible Withdrawals: Many plans offer partial withdrawal options to meet milestone expenses like school admission, coaching fees, or extracurricular activities.
5. Tax Benefits: Premiums paid towards child plans qualify for tax deductions under Section 80C, and the maturity benefits are tax-free under Section 10(10D), subject to prevailing laws.

Why Choose DoorstepBima for Child Plans?

At DoorstepBima, you don’t have to run from branch to branch comparing different policies. Our experts bring the best child plan options to your doorstep, explain the benefits in simple terms, and guide you in selecting a policy that aligns with your financial goals.

• Trusted Guidance: Compare and choose from top insurance providers.
• Hassle-Free Process: From documentation to policy issuance, we handle it all.
• Customer-Centric Approach: We focus on securing your child’s dreams, not just selling a policy.

Final Thoughts

A child plan is more than an insurance product – it’s a promise to safeguard your child’s future. With DoorstepBima, you get the right mix of protection and growth, ensuring your child’s dreams never face financial barriers.