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A Comprehensive Guide to the Best LIC Plans for Girl Child in 2024

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  • Post published:November 25, 2023
  • Post category:General


Last Updated on January 25, 2024 by Kanakkupillai

In today’s dynamic society, girls’ empowerment has become an incredibly significant issue. Acknowledging the importance of financial autonomy and self-reliance for girls, parents should offer unwavering support and guidance to help their daughters achieve their aspirations. In this endeavour, opting for LIC plans tailored exclusively for girl children has emerged as a prudent strategy to guarantee their future well-being.

1. LIC Jeevan Tarun:

Tailored for Growing Needs: LIC Jeevan Tarun is a policy meticulously designed to address parents’ concerns for their growing children. The focus begins with educational needs and extends to cover additional requirements as the child matures.

Key Features:

  • Exclusive premium waiver facility.
  • Specifically addresses educational expenses.
  • Flexible survival benefit contributions between ages 20 and 24.
  • Risk coverage begins two years from the policy initiation or when the girl child turns eight.
  • Options for the untimely demise of a parent ensure financial security for the child.

2. LIC Jeevan Labh:

Coverage from a Young Age: LIC Jeevan Labh allows girls to receive coverage from age 8, offering unique features such as emergency loans and multiple choices for receiving maturity benefits.

Key Features:

  • The minimum sum assured is Rs.2 lakhs with no upper limit.
  • Option to add riders for additional benefits.
  • Choice of receiving maturity benefits as a lump sum or in instalments at different life stages.

3. LIC Aadhaar Stambh:

LIC Aadhaar Stambh is a non-linked participating insurance plan providing protection and savings benefits. It enables parents to name their child as the beneficiary, providing complete security.

Key Features:

1. The sum assured ranges from Rs.2 lakhs to Rs.5 lakhs.

2. Additional benefits, including maturity and death benefits.

3. Complete payout in the event of the policyholder’s untimely demise.

4. LIC New Children’s Money Back Plan:

The LIC New Children’s Money Back Plan is another alternative that offers both investing and insurance benefits. It provides risk coverage throughout the policy’s duration and a unique return benefit for high premiums, making it an excellent alternative for parents and grandparents.

Key Features:

  • Guaranteed survival benefits at specific ages.
  • Option to surrender the policy after three years.
  • The maximum sum assured is Rs.1 lakhs with no upper limit.
  • Robust death benefit options.

Benefits of LIC Plans for Girl Child:

  1. Covering Educational Expenses:
    • Assists in paying school fees and other expenses.
    • Ensures uninterrupted education and facilitates higher education, even overseas.
  2. Funding Marriage:
    • Maturity benefits can be utilized to fund the marriage of the girl child.
  3. Cushion Against Capital Erosion:
    • Features like Dynamic Fund Allocation and Systematic Transfer Plans mitigate risks and safeguard investments from market volatility.
  4. Tax Benefits:
    • Exemption on both maturity sum and premiums paid.
  5. Additional Benefits:
    • Varied benefits, such as survival, death, and loan facilities, depend on the chosen plan.

How to Purchase these Plans?


  1. Visit the official LIC website.
  2. Navigate to “Products” and select “Insurance Plan.”
  3. Choose “Money Back Plans” and “LIC New Children’s Moneyback Plan.”
  4. Enter details and make the transaction.


LIC Jeevan Tarun Plan, LIC Aadhaar Stambh and LIC Jeevan Labh are unavailable for online purchase. To obtain further details, kindly visit the nearest LIC branch or contact licensed agents/brokers.


In today’s economic climate, securing the future of your girl child is not a mere luxury but an absolute necessity. LIC plans provide remarkable advantages and flexibility, guaranteeing maximum returns. By making wise investments in these plans, parents can empower their daughters to dream big and accomplish their aspirations, ensuring a secure and promising future for them.


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