Reliance Life Child Plans

Reliance child insurance plan helps you save systematically so that you can give your child the much-needed financial security in the future and gives you the freedom to enjoy every moment with your child today, without worrying about his/her tomorrow. Reliance Life offers 1 child insurance plan to help you protect your child’s future.

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Best Child Saving Plans
  • Insurer pays your premiums in your absence

  • Invest ₹10k/month and your child gets ₹1 Cr tax free*

  • Save upto ₹46,800 in tax under Section 80(C)

*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply

*Please note that the quotes shown will be from our partners
Nothing Is More Important Than Securing Your Child's Future

Invest ₹10k/month your child will get ₹1 Cr Tax Free*

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Plans available only for people of Indian origin By clicking on "View Plans" you agree to our Privacy Policy and Terms of use #For a 55 year on investment of 20Lacs #Discount offered by insurance company Tax benefit is subject to changes in tax laws
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Reliance Child Plan: A non linked child insurance plan that gives you guaranteed fixed benefits and 25% of Sum Assured payable every year as lump sum Benefit during the last four policy anniversaries to help you to secure your child’s future.

Reliance Education Plan: Reliance child education policy helps you save for the future of your child by giving you an option of choosing out the payouts depending on the needs.The policy offers three different premium paying terms- 5,7 & 10. The minimum sum assured is Rs 50,000, while there is no limit on the maximum sum assured. Further, the plan assures to give guaranteed addition of 2% of the basic sum assured at the end of each policy year till the end of the policy term, provided the policy is active.

You can compare Reliance life insurance child plan from other child insurance plans offered by other insurance companies online and explore the child insurance plan that suits your child’s school education needs and college needs the most.

Reliance Life Child Plans - FAQ

  • Q1. How to pay premium? What are the modes of payment available?

    Ans: RELIANCE LIFE Insurance offers basic 4 modes of premium payment. They are as follows:
    • Online- Requires you to login through your client Id and password, select the online medium to pay the premium.
    • IVR method- Call on the toll free number 1800 3000 8181 and follow the instructions. Keep handy details of policy number and date of birth.
    • Pay at Suvidha Center- This helps to locate the nearest branch office wherein payment can be done via cheque,
    • Bill Junction or Bill Desk option- This requires registering oneself in the site and clicking on the Pay Reliance Life Insurance option to authorize the payment.

    For online payment mode, the policyholder can pay via;

    • Credit Card
    • Debit Card
    • Netbanking facility

    One can also avail Electronic Clearance System ECS) for paying premium of renewed policies.

  • Q2. How can I check policy status for Reliance Life Child Plans?

    Ans: For checking the policy you must register first on e-portal. After generating the password, login to your account. Then click on the ‘Policy Details’ tab to get the status of the desired policy number.
  • Q3. What is the policy renewal process for Reliance Life Child Plans?

    Renewal of policy can be done by two modes:

    Ans:
    • Online
    • Electronic Clearance System(ECS)

    For Online renewal process, login to your account and click on the required renewal tab after selecting the payment mode. Payment can be done via cheque or through net banking.

    For renewing the policies using Credit Card Mode, fill in the required mandatory form along with photocopy of Credit card. Within a period of 10 days, the credit card information will be registered for renewal process.

    ECS facility can be availed by filling in the desired form and submitting the required documents. The bank will process the information within 30 days of receipt of the same. In case the premium renewal date falls on a holiday, the amount will be debited on the next working day.

    Q4. What is the company’s process to settle claim for Reliance Life Child Plans?

    Ans: The company guarantees 12-day claims settlement policy. You must attach the correct documents with the claims form and send it to the nearest branch office in your city. To find the relevant documents for the particular claim, please visit the Claims Overview Section.

    After receiving the particular documents and completion of the verification process, the cheque will be dispatched to the nearest branch within 3 working days. From there one can collect the cheque after verifying the identity proof.

  • Q5. What is the policy cancellation process for Reliance Life Child Plans?

    Ans: The policy cancellation process requires the customer to submit a duly filled surrender form along with relevant documents in any branch. Upon receiving and verification of the documents, the policy is deemed cancelled as per bank accounts record.
Child Plan 1
Disclaimer: Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by an insurer.
Child Plan 2
Average Rating
(Based on 23 Reviews)
Child Plan 3

Nothing is more important than securing your child's future

  • Life Cover paid to family to meet immediate expense
  • Future premiums are paid by the Insurance Company

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Reliance Life Child Plans Reviews & Ratings

4.1 / 5 (Based on 23 Reviews)
(Showing Newest 10 reviews)
Karan
Dhampur, July 26, 2016
Reliance child plan
The child insurance policy which i have buy for my son is very good with many benefits. Reliance life insurance provides the best services which is fast and on time. Perfect claiming process and coverage is high approx. 90%.
Taranpreet
Bhramgiri, July 12, 2016
Child Policy
Child insurance policy is very important and useful insurance for child secured future. Policy coverage is good and maximum expenditure is given by the insurer. Claiming is easy because of fast service provided by the company.
Navneet
Ahmedabad, June 29, 2016
Good Plan
My child's insurance policy is very good with some good benefits. The premium is less. Service facilitate by the company members. Internet service is also good and easy to access and anybody can use it. Good future security for my son and the policy fulfill my son's dream.
Deepshikha
Bengaluru, April 21, 2016
Average
I own reliance life child insurance policy plan which is an average one. The service is fast and the policy coverage is approx. 76%. The claims are okay but the claiming process is bit lengthy. Executives and staff members are doing great work with good response. Okay policy and good for tax saving. Good for middle class person.
Kunal
Delhi, April 21, 2016
Awesome Policy
The best child policy plan i bought from reliance life insurance and the policy plan is awesome. The policy coverage is 93% and the claims are 44 L after policy get mature. The investment is low and the returns are high. Good future plan with tax protection. Service you provided is very quick and on time till now.
Pariniti
Palwal, April 21, 2016
Great Deal
I had reliance life child policy plan for my child. The policy is nice, Good policy coverage ~93% and claiming amount is Rs.44 L after policy get mature. But the service is bit slow, please improve it. And the behaviour of the executives and staff members are nice. Good future investment with saving tax too.
Shashank
Panipat, April 21, 2016
Satisfactory Plan
I found awesome child policy plan from reliance life insurance. The claim is high and the policy coverage is 88%. Service you provided is fast and very quick. Daily updates are mail and texted to me. The policy is good for future investment and it saves taxes also.
Faisal
Thrissur, April 21, 2016
Nice Child Plan
I purchase child policy plan by reliance life insurance. Policy coverage is 92% and the claims are high. Premium is low and the services are fast and with great response from executives and staff members of the company. Good future investment and it saves taxes too. I'm happy with my policy plan.
Dev
Nawada, April 21, 2016
I Like The Policy
I buy a child policy plan for my child from reliance life insurance. Policy coverage is high 93% but the premium is low. Claims are easy to get because of the fast service provided by the executives and staff members. Daily updates are also mailed to me time to time. Fine policy good work. Good future investment and it save tax also. Like the policy.
Apoorva
Purwa, April 21, 2016
Superb Policy
The best child policy plan i bought from reliance life insurance and the policy plan is awesome. The policy coverage is 93% and the claims are 39 L after policy get mature. The investment is low and the returns are high. Good future plan with tax protection. Service you provided is very quick and on time till now.
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