LIC New Children’s Money Back Plan (Plan No. 732)
Money for your child at ages 18, 20, 22 and 25 – for college and career.
LIC’s New Children’s Money Back Plan (Plan 732) is taken on the child’s life and pays money at important ages: 20% of the sum assured at ages 18, 20 and 22, and 40% plus bonuses at age 25.
| Plan name | LIC New Children’s Money Back Plan |
|---|---|
| Plan number | 732 |
| UIN | 512N296V03 |
| Category | Child Plans |
How LIC New Children’s Money Back Plan works
- Policy on the child’s life; parent pays premium.
- Survival benefit: 20% of basic sum assured at ages 18, 20 and 22.
- Maturity at age 25: remaining 40% plus bonuses.
- Optional Premium Waiver Benefit rider protects the plan if the proposer dies.
Who should buy this plan?
- Parents of children from newborn to early teens
- Planning graduation, post-graduation and career start
Important points before you buy
- Buy early – the younger the child, the lower the premium.
- Bonuses are not guaranteed.
Try the Childrens Money Back Calculator
Comparing child plans? See our LIC children plan guide.
Why buy LIC New Children’s Money Back Plan through Vedpal Singh?
- 20+ years of experience with LIC in the Chandigarh tri-city; Development Officer at LIC’s Manimajra branch.
- Honest comparison of plans – we suggest what fits your goal and budget, including term cover where needed.
- Doorstep service for proposal, KYC and medicals in Chandigarh, Mohali, Panchkula and Zirakpur.
- Lifetime after-sales help: premium reminders, loans, nominee change, revival and claim support for your family.
Frequently asked questions
Source: plan details summarised from LIC’s official plan list and brochures on licindia.in. Features, eligibility and rates may change – the latest LIC sales brochure prevails.
Related LIC plans
LIC Amritbaal
Child plan with guaranteed additions – build a fund for your child’s higher education.
LIC Jeevan Tarun
Flexible child plan – choose how much money you want each year from age 20 to 24.
Get LIC New Children’s Money Back Plan Quote
Apni details bhejiye – Vedpal Singh aapko call karke sahi plan batayenge.