Menu
close
Ask an Expert arrow
search
mic
close-search

No results for

Check that your search query has been entered correctly or try another search.

Ask an Expert to Buy Life Insurance

We're happy to know that you're prioritizing your family's future. Our life insurance expert will assist you in finding the best insurance plan. To schedule a call, please share some of the below details.

right-icon-placeholder
right-icon-placeholder
male male

Male

male male

Female

male male

Other

Child Plan Calculator

The moment you hold your child for the first time, you start building dreams around your little one. But as they grow up, their dreams keep changing. You always wish the best for them in everything, be it their lifestyle, higher education, and marriage.

 

However, keeping the current rate of inflation in mind, the cost of paying for your child's dreams will be much higher in the future than it is today. A child education plan calculator is designed to provide you with an estimate of the wealth you will need to fulfil your child's dream goals.

 

Make the most of our calculator and download free reports.

tax cal
Banner

Life Plan

Little Champ Plan

Product Image

 

Product Name
IndiaFirst Life Little Champ Plan
Dropdown Field
Child Plan
Product Description

Empower your child's future with a plan that supports their education, milestones, and dreams, ensuring they have the resources to thrive.

Product Benefits
  • Guaranteed payouts 
  • Flexible premium payment options
  • Premium waiver on policyholder's demise
  • Bonus accumulation for enhanced corpus
  • Tax benefits as per prevailing laws
  • Multiple payout options to match child's needs
Porduct Detail Page URL

Get Quote

Product Buy Now URL and CTA Text

Learn More

Benefits of Child Plan calculator

A child future plan calculator provides an accurate estimate or projection.

It is easy to estimate how much money you will need to meet a financial goal. Even with your child’s higher education or marriage costs, arriving at a ballpark figure is not a difficult task. But how accurate will that figure be? And what happens if you fall short of actually achieving your child’s goals because of inaccurate estimates and lack of planning?

cover-life

A child plan calculator helps you meet your goals.

As long as you are gainfully employed, you will be able to save some money. However, merely your savings are unlikely to meet your growing financial responsibilities. The goal is to have your money work for you, and this can be done by investing your savings. This child investment plan calculator takes the guesswork out of investing for you. Use child investment plans to make the most out of your savings.

wealth-creation

A child investment calculator helps in budgeting.

Before you start to put money aside towards financial goals, it is essential to know your income and expenses. A child education plan premium calculator is a powerful tool to help you understand how much money you need to put aside for your child’s future needs, how much you have, and what more can be done. With the help of this child investment plan calculator, you can budget right and plan your monthly expenses properly.

secure-future

How to use Child Plan Calculator?

The goal of using a child plan calculator is to make planning for your child’s financial future simple and straightforward. Of course, you can always utilise the formula that takes into account the inflation rate, time horizon, current investments, and projected ROI and complete the calculation on paper. However, this leaves space for errors and creates unnecessary complications. A child plan calculator solves the issue for you and gives you data that you can rely on.


Here’s a step-by-step guide to using a child investment calculator:
 

 

 

 

 

Step 1

Get your rough estimates in place, head to the child plan calculator page on the IndiaFirst Life website and click start.

choose-plan

Step 2

Furnish the few details that the child plan calculator requires to perform the calculations. This includes details like your child’s name and how much you would like to save for your child’s future.

premium-amount

Step 3

Enter details pertaining to how much time you have to achieve this goal (your investment time horizon). This detail is essential to understand how your time horizon will affects your investments in the long run. The longer you stay invested, the better your assets will likely perform.

select-stategy

Step 4

The next step is to input the expected rate of inflation to calculate the corpus amount you will need to battle inflation. The predicted inflation rate could be anything between 3-10%.

select-stategy

Step 5

The last step is to choose an expected rate of return on your investments. Finally, click on the button to complete the calculation to display the amount of money you need to invest for accumulating the corpus within your given time horizon.

select-stategy

Knowledge Center

Blogs Podcasts Videos

View All

left-arrow

Frequently Asked Questions

Other Calculators

Human Life Value Calculator

calci

Income Tax Calculator

calci

Pension & Retirement Calculator

calci

Future Wealth Calculator

calci

Power of Compounding Calculator

calci

ULIP Calculator

cover-life

Cost of Delay Calculator

calci

PPF Calculator

calci

HRA Calculator

calci

EMI Calculator

calci

BMI Calculator

calci

Paid Up Calculator

calci

Fund Allocation Calculator

calci

1800 209 8700

Customer Care Number

whatsapp

8828840199

For online policy purchase

call

+91 22 6274 9898

Chat with us on WhatsApp

mail