Secure your children’s financial future and give wings to their dreams

What is Child Insurance ?

As a parent, you want to provide the best of everything to your child. Isn’t it? Our child plans helps you in your endeavour, and helps secure their future and give wings to their dreams.

Providing triple benefits of insurance, saving and investment, our child plans ensures that money is not a hurdle when you are on your journey to fulfilling important milestones for your child, right from education to higher studies to marriage. Be a part of your child’s success with our child solution.

Why do you need a Child Insurance plan?

Child insurance plans are aimed to secure the financial future of your child in your absence and ensure all his/her needs are well taken care of in case of an unfortunate event. They give you peace of mind and help you build a sizeable corpus for crucial future needs of your child, including education and marriage, among others.

  • Builds corpus for child’s education
  • Financial aid for child’s marriage
  • Financially secures your child even in your absence
  • Tax benefits1

How ULIP Works

Working of a Unit-Linked Insurance Plan is pretty simple. The insurer invests a part of the premium you have paid...

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Child Plans Products

BED ABSLI Wealth Assure Plus Plan

It enables your wealth to grow with good returns from MNC fund, providing a secured financial future to achieve your life g 123456790

  • Choose from 4 investment options
  • Flexibility to add top-ups whenever
  • Flexibility to choose from 2 plans

BED ABSLI Wealth Aspire Plan

It enables your wealth to grow with good returns from MNC fund, providing a secured financial future to achieve your life goals at different stages. UIN: 109L120V02 at different stages at different stages

  • Choose from 4 investment options
  • Flexibility to add top-ups whenever
  • Flexibility to choose from 2 plans

BED ABSLI Wealth Max Plan

It enables your wealth to grow with good returns from MNC fund, providing a secured financial future to achieve your life goals at different stages. UIN: 109L120V02 at different stages at different stages

  • Choose from 4 investment options
  • Flexibility to add top-ups whenever
  • Flexibility to choose from 2 plans

Need help with life insurance?

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1800-270-7000 or reach out to us on this number.

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Benefits of Child Insurance Plan

Build a corpus for long-term goals

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Build a corpus for long-term goals

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Build a corpus for long-term goals

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Build a corpus for long-term goals

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ULIP Calculator

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  • Entry Age (age last birthday) 18 to 65 years
  • Maximum Maturity Age 80 years
  • Policy Term Minium
    • For Plan Option: 1 | 2 | 3 | 4 | 5 | 6 – 10 years
    • For Plan Option: 7 | 8 or 20 years
    • Maximum 50 years
  • Premium Paying Term Single Pay | Limited Pay – 6, 8 Years | Regular Pay
  • Premium Mode Annual | Semi-annual | Quarterly | Monthly
  • Sum Assured Minimum
    • Maximum Rs. 25,00,000
    • No Limit (subject to underwriting guidelines)

5 Tips for Buying Child Insurance Plan

  • Start early

    Buying a child plan early has its perks. Not only it secures your child’s future but pay-outs at key milestones of your child’s life ensure that their needs are well taken care of. As the plan has a savings component, an early start gives more time to your money to grow, bringing in the power of compounding in the long run.

  • Choose an adequate sum assured

    Note that education inflation is very different from retail, and is growing at an alarming rate. What may seem adequate today can very well fall short tomorrow. With higher education costs expected to jump up by several notches, opt for a sum assured that ensures all future needs of your child, particularly related to higher education are met with ease.

  • Waiver of premium benefit

    Are you worried about premium payment in case of an untoward incident? Relax! Most child plans, including ours, offer inbuilt waiver of premium benefit wherein in case of the death of the parent, all future premiums are waived off. However, the policy continues with all the said benefits thus ensuring your child’s future needs are taken care of no matter what.

  • Read the fine print and understand the T&Cs

    Go through the fine print to get a better understanding of the child insuranceplan. Make sure you pay attention to every minute detail including the inclusions, exclusions and other clauses to make an informed choice.

  • Mr. Ajay Srinivasan

    Non Executive Director
  • Mr. Kamlesh Rao

    Managing Director & CEO
  • Mr. Shailendra Kothavale

    Chief Compliance & Risk Officer
  • Mr. Devendra Singhvi

    Chief Investment Officer – Debt
  • Mr. Sandeep Asthana

    Non-Executive Director
  • Mr. Anil Kumar Singh

    Chief Actuarial Officer & Appointed Actuary
  • Mr. Amit Jain

    Chief Financial Officer (CFO) & Head – Group Business

Need help with life insurance?

+91
I agree to the Terms of Usage and Privacy Policy and authorize Aditya Birla Sun Life Insurance Company Limited and its associates to call/SMS/Email/WhatsApp me.

Thank you for your details. We will reach out to you shortly.

1800-270-7000 or reach out to us on this number.

Thank you for your details. Currently we are facing issue in our system.

1800-270-7000 or reach out to us on this number.