Hi Mr Prasad  if u are looking for the  child plan which is mainly designed for the childrens need .The most favorable aspect of a child insurance plan is that the money is clearly earmarked for the use of the child at a target date for a particular purpose, may be his/her Education or marriage.

Aviva Life Insurance :     Young Scholor

According to me "Young scholor" by Aviva life insurance would be the best for your child with unique benefits,& Riders. Aviva is also offering - 4 Simple steps to secure your childs future.

1) Decide the corpus. you wish to provide for your childs future and the time when the same should be available .The answer t o these questions will influence the choice of premium you decide to pay and the policy term. 

2) Choose the level of protection you desire. This should be reflected in :
-The level of sum assured you choose
-The rider you opt for the base plan
Rider available
Comprehensive Health benefits (CHB) :- Povides complete protection against critical illness and disablity.
Income Benefit (IB) rider  :- it pays income to  child incase of policy holders death.
Accidental Death Benefit  :- - it pays additional money in case of policy holders death.
3) chosse the amount of premium you wish to pay . 
4) choose the Funds you wish to invest in.Five attractive funds are available.
you also have the option of choosing AAA ( Automatic asset allocation) & STP ( Systematic Transfer plan)