Written by : Knowledge Centre Team
2025-05-27
2557 Views
7 minutes read
Share
Are there any Rider Benefits Provided under the Child Insurance Plan?
Purchasing a child insurance plan in India is a crucial financial decision that helps you ensure your child’s well-being and protection against life’s uncertainties, even in your absence. Child insurance plans empower you to maximize your savings through systematic investments into different market-linked fund options over a period. Simultaneously, these plans offer various riders, which provide additional contingency protection over and above your base policy benefits. Child insurance plan riders are especially useful against specific eventualities such as diagnosis of a critical illness, temporary or permanent disability due to an accident, and loss of income.
The critical illness rider cover protects against different life-threatening ailments such as cancer or cardiovascular issues. On the other hand, the accidental death and dismemberment rider protection become imperative in cases wherein you need additional financial help to take care of your treatment expenses after an accident, or an ample sum of money for your family your unfortunate demise due to a mishap. Then there is the waiver of premium rider, either offered as an in-built feature or as a separate rider with child insurance plans.
The primary benefit of including riders into your child insurance plan is providing an additional financial cover over your primary policy benefits. Even if you have drawn on a specific rider (in case of an emergency), the life cover under your policy remains intact, i.e., your family remains eligible to receive the insurance death benefit if your unfortunate demise occurs within the policy coverage period.
Invest in Your Child’s Dreams Now
Enter OTP
An OTP has been sent to your mobile number
Didn’t receive OTP?
Application Status
Name
Date of Birth
Plan Name
Status
Unclaimed Amount of the Policyholder
Name of the policy holder
Policy Holder NamePolicy No.
Policy NumberAddress of the Policyholder as per records
AddressUnclaimed Amount
Unclaimed Amount
Sorry! No records Found
Request Registered
Thank You for submitting the response, will get back with you.
Complaint Registered
. Please use this ID for all future communications regarding this concern.Request Registered
Thank You for submitting the response, will get back with you.
Thank you for your interest in our product. Our financial expert will connect with you shortly to help you choose the best plan.
Sorry
Child Insurance Plans from Canara HSBC Life Insurance offer the following Rider Benefits
- Accidental Death Rider- The rising number of accidents in India makes it imperative to have the protection of the accidental death rider along with the primary child insurance policy so that your child’s dreams remain secure even in your absence. While the basic child insurance plan offers the death benefit to your family, the accidental death rider will help provide additional financial coverage over and above the death benefit to your family after your demise.
- Critical Illness Rider- In today’s day and age, our ever-changing lifestyle and food habits contribute to the increasing instances of health issues such as diabetes, stroke, cardiovascular diseases, and cancer. The medical treatment for these critical illnesses is not only time-intensive but also expensive, meaning that the treatment can drain out a significant portion of your savings. Having a critical illness rider in place enables you to avail of financial relief as the rider doles out a predetermined amount to you upon diagnosis of any such life-threatening ailment.
- Total And Permanent Disability Rider- In case you meet with an accident, which physically disables you permanently, this rider will act as a much-needed financial cushion for the future needs of your loved ones and yourself. The Total and Permanent Disability Rider provides financial relief against a predefined set of disabilities, including loss of eyesight or limb use.
- Child Support Benefit- To safeguard your child’s future, the Child Support Benefit will provide an additional sum of money. This sum of money will be provided over and above the sum assured under the child insurance plan and help you take care of your child’s life goals.
Disclaimer - This article is issued in the general public interest and meant for general information purposes only. The views expressed in this blog are solely those of the writer and do not necessarily reflect the official policy or position of Canara HSBC Life Insurance Company Limited or any affiliated entity. We make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability, or availability with respect to the blog or the information, products, services, or related graphics contained in the blog for any purpose. Any reliance you place on such information is therefore strictly at your own risk. You should consult with a qualified professional regarding your specific circumstances before taking any action based on the content provided herein.
Recent Blogs
Sukanya Samriddhi Yojana (SSY): Rate, Tax & How to Apply in 2026
01 Jan '26
6854 Views
15 minute read
Explore Sukanya Samriddhi Yojana 2026: interest rate, tax benefits under 80C, eligibility, deposit rules & how to open an SSY account step-by-step.
Read More
Child Plan
Planning Your First Child: Financial Steps to Prepare in 2026
30 Dec '25
903 Views
8 minute read
Learn how to plan for your first child by preparing finances, managing expenses, choosing insurance and building savings for a secure future.
Read More
Child Plan
Using Whole Life Insurance to Secure Your Child’s Future
27 Dec '25
2194 Views
12 minute read
Learn how whole life insurance helps secure your child’s future by offering lifelong coverage, financial stability and long-term support for education and goals.
Read More
Child Plan
5 Tips to Buy the Best Child Insurance Plan
21 Dec '25
1090 Views
7 minute read
Learn 5 practical tips to choose the right child insurance plan, covering goal planning, coverage needs, premium tenure, rider benefits, and long-term affordability.
Read More
Child Plan
How to Buy the Best Child Insurance Plans for Children Studying Abroad?
21 Dec '25
1190 Views
7 minute read
Learn how to choose the best child insurance plan for children studying today and secure their education and future financial needs.
Read More
Child Plan
5 Key Features of Top Child Plans in India 2026
12 Dec '25
8887 Views
7 minute read
Discover 5 must-have features in a child plan. Guaranteed education fund, flexibility, safety cover, growth options and tax benefits for smart planning.
Read More
Child Plan
Benefits of Investing in a Child Insurance Plan in 2026
06 Dec '25
3557 Views
7 minute read
Discover why a child insurance plan is essential. Learn how it offers investment growth, premium waivers, tax benefits, and financial protection for you.
Read More
Child Plan
What Child Insurance Plans Does Canara HSBC Life Insurance Offer?
02 Dec '25
2313 Views
7 minute read
Explore the child insurance plans offered by Canara HSBC Life Insurance, their key features, benefits and how they help secure your child’s future.
Read More
Child Plan
How to Build an Education Fund for Your Child?
02 Dec '25
1061 Views
10 minute read
Learn how to build an education fund for your child by planning early, estimating future costs and choosing the right saving and investment options.
Read More
Child Plan
Child Insurance - Top Selling Plans
We bring you a collection of popular Canara HSBC life insurance plans. Forget the dusty brochures and endless offline visits! Dive into the features of our top-selling online insurance plans and buy the one that meets your goals and requirements. You and your wallet will be thankful in the future as we brighten up your financial future with these plans.
Fixed Returns, Zero Risks & Worries
iSelect Guaranteed Future Plus
- 4 Plan options
- Life cover + Guaranteed benefits
- Accidental death benefit
- Premium protection cover
Don't Just Survive, Thrive
Guaranteed Assured INcome
- 3 Plan options
- Life cover + Guaranteed income
- Get Total Premiums at maturity
- Early income from 2nd policy year
Save, Dream, Plan. Live Peacefully
iSelect Guaranteed Future
- 5 Plan options
- Option to choose PPT
- Get Tax benefits
- Premium protection cover
Popular Searches
- Child Education
- Child Insurance Plan
- Children Money Back Policy
- Insurance Policy For Newborn
- Child Protection Rider
- How Child Insurance Works?
- Sukanya Samriddhi Yojana
- Child Insurance Calculator
- Buy Best Child insurance Plan
- Best Investment Plan for Girl Child
- Child Education Insurance Plan
- Best Fixed Deposit for Child
- Types of Child Insurance