Better buy LIC's Jeevan Tarang. After the stipulated term is over, upon which the Sum Assured is payable , ur child will receive every year 5.5% of the Sum Ass. till age 100 upon which he will get another Sum Assured. So if the sum assured is 10 lacs, upon maturity, say 20 years, he will get 10 lacs, and 55000 every year, on a stipulated date, which can be his/her birthday. Prem. can be found out by going to the site "licindia.com"
