Verizon just announced the first smartphone plan designed for kids

Verizon Just Kids

Verizon Just Kids

Known as Just Kids, the new plan launches this Thursday and includes unlimited talk and text to 20 parent-defined contacts as well as 5GB of 4G LTE wireless data.

Note that when signing up for Just Kids, you can buy a new phone from Verizon or give your offspring one of your old phones with the BYOD program (which means youre eligible for $250 credit if youre switching from another carrier). The Just Kids plan will be available this Thursday and is built around safety and parental controls.

Among other controls that will be available to the child's parents, the plan will allow for a function that effectively pauses the child's internet connectivity, blocking their Wi-Fi and cellular data. Verizon hopes to make the whole process a little less stressful for you with a new plan designed for young children.

Supreme Court rejects RBI's circular on resolution of stressed assets
It said that if a resolution was not found by August 27, Non Performing Asset (NPA) accounts should be sent to bankruptcy courts. The bankers had asked some relaxation in the one-day default norms of the February 12 circular but without any success.

Pricing for Just Kids varies depending on how many lines you have on the account; check out the pricing chart below. Meanwhile, Verizon has also teamed up with the Family Online Safety Institute to promote families establishing ground rules for themselves and their kids that promote more responsible use of technology.

Though Just Kids is being offered alongside Verizon's trio of unlimited plans, it doesn't actually provide unlimited data itself. You can manage your account and change plans via the My Verizon app.

All in all, it sounds like a nifty solution if you're giving your kid a smartphone for the first time and you want to set limits on their usage, but as with almost everything on Verizon, what you pay each month depends on how many lines you have.

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