Child Insurance with Way2Protect

Life Insurance | Way2Protect —
Child Insurance

Keep your child's dreams on track — no matter what.

All Life Insurance options

What is Child Insurance?

Child insurance plans help you build a dedicated fund for your child's education, higher studies or marriage.

Most plans include a waiver-of-premium benefit: if something happens to the parent, future premiums are waived and the plan continues so the child still receives planned payouts.

Who is it for?

  • Parents planning for school, college or overseas education
  • Parents who want goal-linked payouts at key milestones

Key features

  • Payouts timed to education and life milestones
  • Premium waiver on the parent's death (plan dependent)
  • Choice of traditional or market-linked variants
  • Tax benefits as per prevailing tax laws

Things to consider

  • Start early to give the corpus more time to grow
  • Estimate future education costs with inflation in mind
  • Pair with an adequate term plan for the parent

Insurance is the subject matter of solicitation. Please read the sales brochure and policy wordings carefully before concluding a sale. Benefits, exclusions and waiting periods vary by insurer and product. Product availability, eligibility, premiums, interest rates, benefits and approval are subject to applicable terms, conditions, underwriting/lender policies and eligibility criteria.

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