Gift Your Little One A Secure Future With The Indiafirst Life Little Champ Plan

IndiaFirst Life
• 16 Jun, 2025

Secure Your Child’s Future with Little Champ Plan

Planning for your child’s education can be overwhelming, especially considering academic costs and inflation. A well-structured child plan, such as the IndiaFirst Life Insurance Little Champ Plan, helps you build a dedicated corpus for key milestones. By combining life cover with disciplined savings, this plan ensures that your child’s aspirations remain financially secure even in the face of an unfortunate event. With regular premium payments, the plan offers a robust payout at maturity, helping parents or guardians cover tuition fees and other education-related expenses. Creating a secure future with the IndiaFirst Life Little Champ plan is not only simple but can also prove to be cost-effective.

What are Child Education Plans?

Child education plans can serve as a structured route to protect and nurture your child’s education goals. Through regular premiums, these plans build a dedicated corpus that covers tuition fees, books, and other essential learning costs. Furthermore, they provide a life cover that continues in the event of a parent’s untimely demise, safeguarding a child’s future plans. Many child plans come with a premium waiver feature, ensuring that your child’s policy continues without financial strain.

With flexible payment options, monthly, semi-annual, annual, or single pay, these plans can suit a range of budgets and needs. It can act as a solid investment plan for a girl child or ensure general financial support for all your kids. In case of unforeseen circumstances, the insurer may offer immediate financial support, plus the promise of future payouts at key academic milestones. By opting for the IndiaFirst Life Little Champ Plan, you can systematically secure your little one’s future, ensuring your child’s educational goals stay on track.

Why Should You Get a Child Education Plan?

Immediate help in emergencies

A child plan may serve as a financial cushion during unforeseen difficulties. With a built-in life cover, your child’s educational goals stay on track even in case of an untimely demise.
Tackling rising education costs

Tuition fees and related expenses continue to surge every year. By planning early, you accumulate funds to manage these costs without compromising on quality education.
Protecting your child’s future

Even if life takes an unexpected turn, child plans provide a steady stream of support. The promise of a lump sum or staggered payouts ensures your child’s educational journey is uninterrupted.
Potential for long-term returns

Through savings-based options or market-linked funds, these plans help your money grow in sync with your child’s academic timelines. You can use a child plan calculator to estimate your returns and ensure your funds are working towards your goals.

Key Features of IndiaFirst Life Little Champ Plan

Comprehensive Life Cover

Safeguard your child against adverse possibilities by getting a life cover for yourself. This ensures that your family’s financial future remains protected.
Premium Waiver

In the event of an unfortunate incident or Accidental Total Permanent Disability, no more premiums need to be paid. You and your child continue enjoying the policy’s benefits without additional financial strain.
Flexible Policy Options

Tailor your IndiaFirst Life Little Champ Plan by choosing suitable policy terms, premium payment durations, and the most convenient payment mode (monthly, semi-annual, yearly, or single pay).
Multiple Coverage Choices

Opt for a lump sum or monthly income payout to support your child’s education in case of an untimely demise. You can further enhance coverage for this child investment plan by adding Accidental Death or ATPD benefits.
Guaranteed Payout Range

Pick from eight distinct payout options offering assured payouts between 101% and 125% of the Sum Assured. Meanwhile, accumulated simple bonuses, if declared, are disbursed along with the final instalment.
Tax Benefits

You may avail tax advantages on premiums paid and benefits received, as per prevailing tax laws.**

Eligibility Criteria

By meeting the following criteria, you can seamlessly give your little one a secure future with the IndiaFirst Life Little Champ plan.

Age Requirements:

Entry age ranges from 21 years to 45 years, with a maximum maturity age of 65 or 70 years (depending on the chosen Premium Paying Term).
Premium Paying Term (PPT):

Flexible options from 7 to 14 years, while the Policy Term can extend between 15 and 25 years, based on your PPT selection.
Premium Limits:

The minimum sum assured for a PPT of 7-9 years is ₹1,50,000, and ₹2,00,000 for a PPT of 10–14 years. There is no upper limit, subject to underwriting.
Minimum Annual Premium:

From ₹1,349 (monthly) to ₹15,500 (yearly) ensuring multiple choices for different budgets.

Whether you’re looking to systematically build savings or safeguard your child’s ambitions, the IndiaFirst Life Little Champ plan from IndiaFirst Life Insurance provides a comprehensive path forward. It offers flexible premium terms, guaranteed payouts, and robust life cover so you can focus on nurturing your child’s development instead of worrying about financial constraints. By opting to create a secure future with the IndiaFirst Life Little Champ plan, you equip your little one with a plan that aligns perfectly with evolving education costs. The combination of flexibility, protection, and steady returns ensures you remain prepared for every milestone in your child’s journey.

** Tax exemptions are as per applicable tax laws from time to time.

Disclaimer:

The Sales Brochure is consistent with the product features filed with the Authority. Tax benefits are subject to change from time to time. You are advised to consult your tax consultant.

Product Name: IndiaFirst Life Little Champ Plan, Product UIN 143N035V02, IndiaFirst Life Insurance Company Limited. IRDAI Registration No. 143.

Registered and Corporate Office Address: 12th & 13th floor, North [C] Wing, Tower 4, Nesco IT Park, Nesco Center, Western Express Highway, Goregaon (East), Mumbai – 400 063.

www.indiafirstlife.com

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by IndiaFirst Life
Headquartered in Mumbai, IndiaFirst Life Insurance Company Limited (IndiaFirst Life), with a paid-up share capital of INR 754.37 crore, is one of the fastest growing private life insurers in India in terms of New Business IRP in Fiscal 2023. Our key differentiators are our simple, easy-to-understand products that are optimally priced. As of Sept 30, 2023, we offered 30 retail products, 13 group products along with six riders (across retail and group portfolios), along with policies under the PMJJBY scheme, catering to protection, savings, health and retirement needs of our customers, leveraging multiple distribution capabilities and augmenting various investment options. In all propositions under the categories of Participating Plans, Non-Participating Savings Plans, Non-Participating Protection Plans, Unit Linked Insurance Plans, Group Protection Plans, Corporate Funds Plans, Riders & PMJJBY form a complete suite of offerings that help our customers prepare for the certainties of life. Our products are easy to understand and optimally priced with a developed comprehensive risk management framework/policy.