NIC Child Investment Plan

A child insurance plan helps you to create wealth for your child’s aspirations. It is an ideal way to provide the security net you would want for your child while reaping the benefits of investment. A child investment plan you can set aside a small amount as regular savings that can help you be ready for your child’s early or higher education plans, weddings and more. With proper planning, you can secure your child’s future, against all adverse situations. Through this plan, you start creating wealth systematically and regularly.

Key Features:

Guaranteed savings and income
Get life cover for the entire policy term so that your family remains financially secured even in your absence
Gain a maturity benefit at the end of your policy
Opt for partial yearly withdrawals for your child's education expenses after the 5th policy year
Be financially protected with life coverage with death and disability benefits
In case of death or Total Permanent Disability, we contribute to your premiums + provide a monthly family income benefit until policy maturity
In case of loss of job, we waive your future premiums for up to 6 months
Option of securing NIC Smart Loan with your policy

Why NIC?

Affordable monthly small savings for the big future
Stay financially protected with your NIC life insurance coverage with death and disability benefits
Transparent terms and conditions with no hidden clauses
Keep track of your application document and savings via the online portal
Take charge and stay updated on your bonus and other benefits and news via the NIC XXX App- Check
Quick online procedure to get you started
Convenient online procedure - crafted for a busy life
Owned by the Government of Mauritius the NIC is held through the National Property Fund Ltd.
The largest client base of 160,000, Mauritian people from all walks of life
Technology-driven company that ensures the security of your hard-earned money
Duty-driven dedicated staff to help 24X7
You can raise an online ticket for any issues and get assistance within 24 working hours
Call your Relationship Manager directly for assistance
Self-serve online portal for quick grievance redressal
For any help with your policy, you can reach out to us via WhatsApp no – XXXXXX, Webchat: XXXX
Click2Konnect and talk (Any form of chatbot assistance) and Phone Banking.

FAQ’s

Who is eligible for the NIC Child Investment Plan?

Mauritian residents.

I stay overseas, can I still opt for the NIC Child Investment Plan?

Yes, you can.

My child is already 15 year old - can I still opt for the Child Investment plan?

Yes you can.

The early you begin investing in your child’s education, the better as it provides you with more number of years wherein you can even plan factoring the inflation rate of the future.
For more detailed information please read XXXX/ Click the link to read more - please let me know if we shall have any link or a document with T&C.

How do I avail the NIC Child Investment Plan?

1. You may walk into any of NIC branches located in XXX location and seek assistance from our staff.
2. You can log onto our self-serve portal and fill in the online document and self-enroll/ self-purchase the NIC Funeral Care Plan.
3. You can give us a missed call on XXXX and our staff will contact you within 24 working hours.
4. You can send us a message on WhatsApp on XXX and our Relationship Experts will call you back within 24 working hours.

What documents are required for applying for the NIC Child Investment Plan?

For applying for the NIC Funeral Care plan
you will need to provide:
1. National ID Card
2. Proof of address
3. Telephone Bill – last 3 months

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