Post Office Scheme Bal Jeevan Bima Yojana: Child Life Insurance (Bal Jeevan Bima) is for children from 5 to 20 years. Under this, the policyholder i.e. the parents of the children can include only two children in this scheme.
New Delhi:Post Office Scheme: Nowadays, in this era of inflation, right from the birth of children, parents start worrying about their future. Many parents start investing in their children from the time they are born to better shape their future. In such a situation, if you are also thinking of taking an investment plan for your children (Children Policy) , then the Post Office’s Child Life Insurance Scheme (Bal Jeevan Bima Yojana) can prove to be a better option. In this scheme, by investing just Rs.6 per day, you can get lakhs of rupees for your children’s education and other needs. So let’s know about this scheme…
What is child life insurance plan
Post Office Child Life Insurance (Bal Bima Yojana) Rural Postal Life Insurance (Rural) Postal Life Insurance) comes under. This is a special insurance scheme for children. Parents of children can buy this plan. But to buy this scheme, the age of the parents of the children should not be more than 45 years. This means that if your age is more than 45 years then you cannot take advantage of this scheme. Child Life Insurance (Bal Jeevan Bima) is for children from 5 to 20 years. Under this, the policyholder i.e. the parents of the children can include only two children in this scheme.
You will get Rs 1 lakh on depositing Rs 6 daily
Let us tell you that under the Child Life Insurance Scheme, you can deposit a premium ranging from Rs 6 to Rs 18 daily for your children. If a policyholder buys this policy for 5 years, then he has to pay a premium of Rs 6 every day. But if this policy is bought for a period of 20 years, then a daily premium of Rs 18 will have to be paid. In this plan, you have to pay premium on monthly, quarterly, half yearly and yearly basis. After the maturity period of this policy, you are given a sum assured of Rs 1 lakh.
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