Best Child Investment Plans 2025 in India: Top 10 investment plans that are best for children
.png)
There is no bigger joy than becoming a parent. To see your kids growing bigger each day in front of you makes your life complete. Well, while you find yourself wrapped in the responsibilities of your kids, do not forget to buy the best child plan. Putting your hard-earned money on child investment plans can help them in their future. So, let us take a quick look at some of the best investment plans for the child.
10 Best Child Investment Plans in India – Sum Assured, Entry Age, Maturity Age and Premiums
|
|
|
|
|
||||||||||
|
|
|
|
|
||||||||||
|
Parent (Life Assured)- 18/48 years
Child(Nominee)- 1day, 5 years, 10 years/ 15 years |
|
Annual mode- INR 20,000 p.a
Other modes- INR 30,000 p.a |
Min-< 45 years- Higher of 10x A.P or 0.5 x Policy Term x A.P >or equal to 45 years- Higher of 7x A.P or 0.5 x Policy Term x A.PMax- < 45 years- 18x A.P >or equal to 45 years- 10x A.P |
||||||||||
|
|
|
|
|
||||||||||
|
Regular Pay- 18/50 years
Limited Pay- 18/55 years |
Regular Pay- 71 years Limited
Pay- 76 years |
|
|
||||||||||
|
Life option- 18/65 years Life
& Health Option-18/55 years |
Life option-75 years Life
& Health Option- 65 years |
|
Min-< 45 years- 10x A.P >or equal to 45 years- Higher of 7x A.P Max- 40xA.P |
||||||||||
|
|
|
|
|
||||||||||
|
|
|
Regular pay- INR 20,000 p.e
Limited pay- 5 years PT- INR 50,000 p.a 10 years PT- INR 20,000 p.a. |
Min-< 45 years- Higher of 10x A.P or 0.5 x Policy Term x A.P >or equal to 45 years- Higher of 7x A.P or 0.5 x Policy Term x A.P
Max- 25xA.P |
||||||||||
|
|
|
|
Min-Rs.1,00,00 Max-no limit | ||||||||||
|
|
|
|
|
||||||||||
|
|
|
5 pay- INR 50,000 p.a.
Regular Pay- INR 25,000 p.a |
Min- 5 Pay- 10x A.P
Regular Pay-10x A.P Max- No upper limit |
Top 5 Child Investment Plans that are Best for Children – An Overview
Investing in plans for children is a smart move that can set them up for financial success in the future. There are several child investment plans available that are specifically designed for children, and each has its own set of benefits. Below are the top 5 child investment plans –
1. Aditya Birla Sun Life Vision Star Child Plan
Aditya Birla Sun Life Vision Star Child Plan is a money-back plan that is also considered one of the best investment plans for a child’s future. During the policy term, you can make periodic payments under this plan. The minimum and maximum entry age of the parents for this plan are 18 years and 55 years, and the maturity age is 75 years. As the plan matures, a terminal bonus and reversionary bonus are paid to the policyholder.
2. Aegon Life Rising Star Child Insurance Plan
If you are considering this plan, you do not need to think twice. In case you pass away during the policy term, the premiums are waived off and the sum assured is offered to the nominee. On surviving through, 20% of the maturity sum assured is offered by the insurer. This is offered at the end of the 12th, and 13th, and 60% of the maturity sum assured are offered at the end of the 14th year. The minimum entry age for this plan is 21 years to 50 years. The maturity age is between 31 years and 72 years.
3. Bajaj Allianz Young Assurance Child Plan
The main reason why you should consider this plan is the inbuilt Accidental Permanent total disability benefit. Under this plan, the minimum entry age is 18 years and the maximum is 50 years. The minimum maturity age is 28 years and the maximum maturity age is 60 years. The terms that are available under this plan are 10, 15, and 20 years.
4. Bharti AXA Life Child Advantage Plan
This plan comes with two options, such as an endowment benefit and a money-back benefit. The policyholder can avail of the inbuilt waiver of premium benefit option. If you pass away within the term of the plan, the insurer will continue to pay the premiums. The parents’ minimum entry age is 18 years and the maximum is 50 years if they choose the Regular Pay option, and for the Limited Pay option, the maximum entry age is 55 years. The premium payment frequency options under this plan are monthly, quarterly, half-yearly, and annually.
5. HDFC SL Youngstar Super Premium Child Plan
This is a united-linked insurance plan and can be considered financial protection for your children. With this plan, you will get two flexible benefit payment choices as Save-n-Gain Benefit and Save Benefit. The four funds offered under this plan are Balanced Fund, Income Fund, Opportunities Fund, and Blue Chip Fund.
Apart from these, there are several other investment plans that you must consider for children. These plans will enable the children to have the kind of financial support that they need for their higher education. You can check out the details of each of the plans and choose the one that suits you the best.
Best Child Investment Plans 2025 India
There is not one but many child plans in India that you can consider. Some of the children's plans that you can consider are Max Life Shiksha Plus Super, Future Generali Assured Child Education Plan, Kotak Head start Child Assure Plan, LIC – New Children’s Money Back Plan, etc.
Some of the best investment plans for girl children are Sukanya Samriddhi Yojana, Unit-Linked Insurance Plan, Children Gift Mutual Fund, National Savings Certificate, etc.
Yes, if you have a boy child, you can choose investment plans such as Kisan Vikas Patra, Post Office Savings Account, Public Provident Fund, etc.
Author Bio
Paybima Team
Paybima is an Indian insurance aggregator on a mission to make insurance simple for people. Paybima is the Digital arm of the already established and trusted Mahindra Insurance Brokers Ltd., a reputed name in the insurance broking industry with 17 years of experience. Paybima promises you the easy-to-access online platform to buy insurance policies, and also extend their unrelented assistance with all your policy related queries and services.
Other Life Insurance Products
Latest Post
Let’s be honest – life insurance planning isn’t exactly someone’s weekend hobby. It is the financial equivalent of flossing: we understand its importance, but we tend to put it off. But somewhere between balancing work and life, you might realise you need to have a solid plan in place – just in case.
If you think of life insurance, chances are you are picturing something people buy in their 30s or 40s. But what if you are 65 or older and just getting started? The good news is that you are never too late. Whether you are thinking of easing the financial burden on your family, covering final expenses, or simply leaving behind a legacy, there are life insurance options tailored just for you.
This article will be a guide to life insurance for senior citizens above 65 years, explaining why it is important, the type of insurance options, and how to get the right policy for you.
Health insurance plans are purchased with the hope of medical protection in times of need. However, sometimes it ends up being a source of surprise and disappointment. This mostly happens when people rush to buy health insurance plans, often overlooking essential aspects. Ignoring waiting period clauses, misunderstanding exclusions, and being unaware of sub-limits can lead to unwanted problems in the future.
If you are looking at investment policies offering INR 1 Crore in 5 years, we talk about some excellent plans in this post to help you choose the best one and reach your goal. However, it is important not to get swayed. Doing proper research and taking advice from financial or insurance advisors is important. Learn about such investment plan in this post.
The last few years have made it very clear that having health insurance is essential for everyone. Whether you are a young professional or a senior citizen, are single or have a family to support, health insurance cannot be ignored. Keeping this in mind, health insurance companies offer comprehensive plans that suit people with varied insurance needs.
Speak to our Advisor
+91
By clicking the button, I authorize Paybima advisor to contact me via SMS, Email, Phone, WhatsApp or any other modes overriding my 'DND'.T&C Apply.