What are Child Plans?-birla-sun-life-child-insurance-plans

The basic aim of these specially developed plans is to provide for the child in the event of the parents death where the child may face financial repercussions. Usually the parent is the one whose life will be insured and on his death the company will pay all due premiums so that the plan continues. The benefits promised will accrue on their intended date so that the child can enjoy financial support at the time when he needs it.