Features

Planning for Your Child’s Future with LIC International

by: BTM - Tue, 05 Aug 2025

In today’s fast paced and expensive world, securing your child’s future, especially in terms of education, is one of the most important responsibilities for any parent. With the skyrocketing cost of higher education, simply saving is no longer enough. That is where LIC International’s Child Education Plan steps in as a game-changer.

“LIC International has a robust experience in the region and has a thorough understanding of the market,” says D.P. Pattanaik, CEO and Executive Director.

“It is a trusted brand in the life insurance space and enjoys a significant market share in the region. The company is able to establish and maintain strong brand connect with the Indian diaspora as its products are designed whilst keeping in mind the ethos of Indian financial habits.”

Among its diverse portfolio, the Child Education Plan stands out for parents who are looking to invest wisely for their children’s academic dreams. This non-linked, non-participating limited premium endowment plan ensures financial protection in the event of the policyholder’s untimely demise while also offering a guaranteed maturity payout. A premium waiver benefit is also available, giving added peace of mind.

Why is this important now more than ever? Today, a professional degree can cost over $100,000 USD. With inflation averaging 6 percent annually, that amount could swell to around $270,000 USD in just 17 years. Without a strategic financial plan, even the most gifted children may miss out on quality education.

Parents must shift from casual saving to structured investment. The key is to start early and invest consistently. LIC International not only helps build a corpus over time but also ensures financial continuity in unforeseen circumstances.

The ability to invest in US dollars adds further diversification and stability, an especially attractive feature for expatriates and Bahrainis.
“Planning for your child’s future isn’t just about putting money aside,” says Mr. Pattanaik. “It’s about choosing the right vehicle to ensure those funds grow and are available when most needed.”

With a strong market presence and customer-centric innovations on the horizon, LIC International remains committed to simplifying financial planning. For parents who want to turn their children’s dreams into reality, the time to act is now.

Plan smart. Invest early. Let your child’s future take flight with LIC International.