In today’s world, every parent wants to ensure their child’s future is safe and financially secure. Planning for education, college, career, and other future needs has become essential.
However, making a large investment at once can be difficult for many families.
To address this, LIC has launched the New Children Money Back Policy, allowing parents to build a substantial fund by investing as little as ₹150 daily.
This plan has quickly become popular among middle-class families and new parents who want a safe and reliable way to secure their child’s future.
Safe and Easy Policy for Children
LIC’s policy is designed specifically for children aged 0 to 12 years.
It is a non-linked plan, which means it does not involve any stock market risk—your investment is completely safe.
Additionally, the policy offers periodic bonuses, which increase the total maturity amount.
This makes it an ideal option for parents who are risk-averse but want their children’s financial future protected.
How ₹150 Daily Can Grow to ₹19 Lakhs
Investing ₹150 per day equals around ₹4,500 per month or ₹55,000 per year.
By continuing this investment consistently for 25 years, the total corpus can grow to approximately ₹14 lakh.
With added bonuses and maturity benefits, the total fund could reach around ₹19 lakh, providing a substantial financial cushion for your child.
Money-Back Benefits During Studies
One of the biggest advantages of this policy is its money-back feature.
Parents receive 20% of the sum assured when the child turns 18, 20, and 22 years—perfect for paying college fees or professional course expenses.
Finally, at age 25, 40% of the sum assured is paid along with the accumulated bonus, helping your child start adulthood with a strong financial foundation.
Why Parents Choose This Plan
This policy combines insurance, savings, and timely payouts in a single plan.
Even small daily investments can grow into a large fund over time, making it an excellent choice for parents who want to secure their children’s future without taking financial risks.
