Start Planning for Your Child's Education at Right time

For every parent, kids are the most important part of lives. After becoming a parent, our all happy moments start with them. We would want to do anything for our child’s happiness and for their security.

In this whole cycle of trying to maintain a balance between emotions & practical life, managing spending and savings often becomes a tricky task.

Nowadays, higher education is becoming a challenging task for every parent. So to invest in right plan for your child is utmost necessary at the right age. Nowadays, many companies have come up with many Insurance Plans especially customized to address your child’s future needs, even in your absence.

What is a Child Insurance Plan?

• A child insurance plan is a combination of insurance and investment where in future security of your child is always taken care.

• Life cover is available.

• There are customized plans which provide flexibility in returns of funds at the important milestones like higher studies of your child.

• While one may not want to think about unfortunate situations like death or serious medical illness, it’s important that you shield your child’s future against such incidents.

• It always gives you relief that your child’s future financial needs are taken care of even in your absence.

Why Buy a Child Plan?

In today’s scenario, simple savings would not suffice the need of higher education costs. You should always plan in such a way that you will not feel it as a burden to pay the fees and feel constraint. So, to remove such hurdles we need to buy a child plan which provides the flexibility wherein you can invest in such a way that your Childs education needs are taken care of and also about the future monetary goals. Child plans always come up with 10 times life cover of the annual premium and always give you the partial withdrawal facility as and when needed.

Who can buy a child insurance plan?

• The parent who has child in between the age 0-15
• Who wants to create corpus for their Childs education

How a child insurance plan will secure your child's future?

• Provides financial security during the most crucial years of your child's life
• Offers a perfect blend of investment and savings in a single plan
• Safeguards child's future, even after demise of the parent
• Favors disciplined, long term savings, which usually becomes a challenge
• Lump sum Benefit  to fulfill your child’s dreams
• Immediate payouts in case of unfortunate event
• Regular payout to fund your child's education
• Safeguard your fund against market volatilities
• Guaranteed loyalty benefits at the end of each policy year
• Financial security for your child, in case of an unfortunate event

So, parent think on this and come to action on immediate basis. I know nowadays, parents have become smarter and are investing in all the sources but still think are we doing adequate saving seeing the inflation and the future requirements.