<h1>Insurer launches child life-plus-savings plans with premium waiver on death, choice of traditional or unit-linked options</h1> An insurer recently rebranded offers child insurance plans combining life cover and savings, including waiver-of-premium on insured's death to keep benefits payable; product variations include traditional (guaranteed maturity, bonuses) and unit-linked options (market-linked growth, partial withdrawals after lock-in). Contracts permit flexible premium/payment terms and payout structures, and claim/servicing channels include digital support. Policyholders may obtain tax advantages under applicable income-tax provisions for premiums and benefits, subject to statutory conditions. The communication emphasizes product reliability, claims history, and policyholder protections as reasons parents choose these plans for long-term child financial planning.