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Along with the overwhelming happiness, parenthood also comes with great responsibility. Towards that end, such dreams need money. Your plan has to meet the increasing educational and other needs of growing children. It requires well-thought-on financial planning to analyze the expenses involved at every step of bringing up a child. Here are some other points accumulated from around the web about the need of Child Insurance Plans. The Rising Cost of Education. Disciplined Savings Income Protection for Your Child Collateral for Loans Untimely Death of a Parent Customized payouts Sources: Economic Times - Why you must have a child insurance plan Daily Bhaskar  - No kidding: 6 reasons why child insurance is important Policy Bazaar  - Importance of Child Insurance These site have really explained well about Child Insurance plans. Before you continue further make sure you have gone through at-least one of the Sources provided above. So...

Knowing the details of your LIC policy is now more easier. LIC launched new service, ASKLIC, to get details such as nominee, revival amount, premium due, loan amount and bonus accrued by the policy. For these details send SMS in below format to 92224 92224. To know SMS to 9222492224 Nominee of the policy ASKLIC <Policy No.> nom Revival amount of the policy ASKLIC <Policy No.> rev Premium due of the policy ASKLIC <Policy No.> prem Loan amount of the policy ASKLIC <Policy No.> loan Bonus accrued of the policy ASKLIC <Policy No.> bonus Wish to know still more information, such as maturity date or amount or surrender value? Contact us anytime for full details of your policy, we'll explain you the features and benefits of your policy and plan. Happy to help. :) Sources:  http://www.licindia.in/pages/Enquiry_7thru_SMS.pdf