LIC Child Plan Calculator
Plan for your child's future with our comprehensive calculator. Estimate returns on LIC policies tailored for education, marriage, and other milestones.
Plan Calculation
Your Plan Results
Maturity Amount
Total Premium Paid
Estimated Bonus
Return on Investment
Plan Benefits
-
Education Security
Ensure funds for your child's education regardless of what happens to you.
-
Marriage Protection
Guaranteed financial support for your child's marriage expenses.
-
Life Coverage
Life insurance protection for the parent during the policy term.
-
Tax Benefits
Enjoy tax deductions under Section 80C and 10(10D) of Income Tax Act.
-
Loan Facility
Option to avail loan against the policy in case of financial need.
LIC Child Plan Calculator- Secure Your Child’s Future with Confidence
Planning for your child’s future has never been easier. Whether it’s for education, marriage, or any milestone, LIC Child Plans are designed to offer security, savings, and peace of mind. Our LIC Child Plan Calculator helps you estimate the maturity amount, yearly bonus, and total returns from your investment in an LIC policy.
Let’s walk you through everything you need to know to make smart financial decisions for your child’s tomorrow.
What Is a LIC Child Plan?
LIC (Life Insurance Corporation of India) offers specially curated plans for children that help you save and invest wisely. These plans provide life cover for the parent (or proposer), while securing returns for the child’s needs at critical ages — like college, career, or wedding.
What Is the LIC Child Plan Calculator?
Our LIC Child Plan Calculator is a smart online tool that instantly helps you calculate:
- Maturity Amount
- Estimated Bonus
- Total Returns
- Return Percentage
Just input your child’s age, annual premium, and policy term — and get a clear idea of what you’ll receive at maturity.
How to Use LIC Child Plan Calculator?
Using our calculator is super simple. Here’s a step-by-step guide:
| Field | What It Means |
|---|---|
| Child’s Current Age | Enter your child’s age (0–15 years) |
| Annual Premium | Choose the yearly premium you want to invest |
| Policy Term (Years) | Select how long the policy will run (up to age 25) |
| Bonus Option | Pick how you’d like the bonus to be calculated |
| Maturity Payout Option | Choose how you want the maturity amount (lump sum or staggered) |
| Premium Payment Term | Decide whether to pay premium full-term or limited years |
Once filled, click “Calculate Returns” to get:
- Maturity Amount
- Your Total Premium
- Estimated Bonus
- Return % (ROI)
Why Should You Invest in LIC Child Plans?
Here are a few compelling reasons:
- Education Planning - Ensure that tuition fees, school expenses, or international studies don’t disrupt your finances.
- Marriage Planning - Save up systematically for your child’s wedding or other life goals
- Life Protection - Even in the unfortunate event of the proposer’s demise, the child’s future is protected.
- Tax Benefits - Enjoy tax benefits under Section 80C and Section 10(10D) of the Income Tax Act.
Sample Output (Based on Tool)
Let’s assume you input:
- Child Age: 3
- Annual Premium: ₹20,000
- Policy Term: 18 years
- Bonus Option: Standard
- Maturity Option: Full Policy Term
Here’s what you’ll get:
| Plan Result | Value |
|---|---|
| Maturity Amount | ₹1,10,000 |
| Your Premium | ₹75,000 |
| Estimated Bonus | ₹60,000 |
| Return % | 103.3% |
Here’s what you’ll get:
| Plan Result | Value |
|---|---|
| Maturity Amount | ₹1,10,000 |
| Your Premium | ₹75,000 |
| Estimated Bonus | ₹60,000 |
| Return % | 103.3% |
Features of LIC Child Plan Calculator
- Custom Inputs – Set age, premium, terms as per your goal
- Instant Estimates – Get accurate maturity value in seconds
- Realistic Projections – Based on LIC historical bonus trends
- Free to Use – 100% online, no registration needed
- Tax-Saving Insight – Shows how premiums can reduce tax burden
Ideal For:
- New parents planning for child’s education
- Families seeking secure long-term investments
- NRIs wanting to invest in India for their children
- Anyone looking for a blend of savings + insurance
Try These Related Tools
Frequently Asked Questions (FAQs)
Yes, it uses LIC’s historical data and bonus trends for estimations. Actual maturity depends on the specific policy chosen.
Absolutely. Our LIC Child Plan Calculator is 100% free to use anytime.
Yes, simply refresh the tool and enter the new details.
No. It gives estimated values for planning purposes. For exact quotes, please consult an LIC agent or visit the LIC website.
While we don’t calculate exact tax savings, all premiums paid under most child plans are eligible for deduction under Section 80C.
Final Words
Your child’s dreams are priceless. Planning for them shouldn’t be guesswork. With our LIC Child Plan Calculator, you can take charge of their future, one premium at a time. Whether it’s for college or career — a well-planned LIC policy today is your child’s financial safety net tomorrow.
