Child policy takes care of your child’s financial needs, both during your lifetime and after your demise. As a beneficiary, your child receives matured amount either in a lump sum or flexible / regular payouts. The main motive of child insurance plans is to secure your child’s financial future. Child plan in India not only serves as insurance but proves to be a great investment tool. Investing in child policies as early as possible will offer you higher returns in the long run, and you will have enough finances for your child as and when the need arises.