Child Education & Marriage Planning
Long-term family goals
Education and marriage costs in Chennai rise faster than general inflation. LIC offers dedicated child-oriented and savings plans where premiums are aligned to milestone years — we help parents model cash flows, compare official brochure benefits, and avoid over-insuring at the cost of adequate term protection. We are an independent consultancy, not LIC's official website.
Independent insurance advisor — not the official website of LIC of India or any other insurer.
Planning support
Goal dating
Map premium-paying terms to Class 10, UG, or marriage years — illustrative only until underwriting confirms.
Plan shortlisting
Examples include child benefit plans and endowment-style structures — names depend on current LIC product rules.
Protection cross-check
Ensure adequate term insurance exists before committing large savings premiums.
Tax clarity (old regime)
80C angles explained only if you still file under the old regime; new regime filers need a different lens.
Families we plan with
- •Parents of children under 10 starting disciplined long-term savings
- •Families with school-fee timelines 8–15 years away
- •NRIs funding education goals through Chennai-based documentation
- •Parents balancing term cover with education-oriented endowments
- •Grandparents gifting policies with clear nomination structure
Consultation flow
- Step 1
Define targets
Rough corpus and year for each milestone.
- Step 2
Review cash flow
Comfortable annual premium without straining household budget.
- Step 3
Study brochures
Official LIC documents on licindia.in — we do not host PDFs here.
- Step 4
Apply if suitable
Proposal and servicing support through our Chennai practice.
Official LIC plan documents
Brochures and plan pages open on LIC of India's corporate website — we do not host insurer PDFs here.
Jeevan Umang
Official sales brochure and plan wording on LIC of India's corporate site.
Jeevan Labh
Official sales brochure and plan wording on LIC of India's corporate site.
Jeevan Anand
Official sales brochure and plan wording on LIC of India's corporate site.
Bima Shree
Official sales brochure and plan wording on LIC of India's corporate site.
Note: Projections are illustrative based on current LIC parameters. Actual returns are subject to corporate performance and bonus declarations.
Common questions
Book a free consultation in Chennai
Call, WhatsApp, or send a message — we respond during business hours (Mon–Sat, 9am–6pm).
Insurance is the subject matter of solicitation. For more details on risk factors, terms and conditions, please read the sales brochure carefully before concluding a sale.
Disclaimer: Sivaprakash Wealth is an independent financial and insurance consultancy run by certified advisors. We provide advisory services for products from the Life Insurance Corporation of India (LIC) and other general insurance providers. This website is a personal agent platform and is not affiliated with, endorsed by, or the official portal of LIC of India.