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Is jeevan Ankur lic policy good for children? Please read about this policy at bimaessential.com and tell me is it a good policy or not?

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Yes, i read about this plan at http://bimaessential.com/jeevan-ankur/ Its a good plan and provide nice risk cover.
The Jeevan Ankur LIC Policy is a new life insurance plan of LIC of India. It is aimed for children. The plan cover the life of parent of a child and child is the nominee of the policy. In the case of unfortunate death of parent of child, this plan provide money in such an way that the child could meet all his/her requirement. The plan provide money to the child until the child grow up and start earning money, i.e. upto 25 years age.

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