Future Generali India Life Corporation, the joint venture between Future Group and Generali Group, has launched an insurance policy for child education.Future Child Benefit Plan is a long-term policy that is designed help investors to build a corpus for a child's education.

This is a fixed benefit plan with an option to receive money either regularly or a accumulated sum at the maturity. It also has a in built waiver in the event of unfortunate death or total permanent disability of the parent.

Jayant Khosla, CEO, Future Generali India Life Insurance said: "Our existing basket offers a choice of plans depending on each individual need and premium paying ability and we will keep expanding our portfolio to bring more and better products."