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Best Child Education Plan

A life cover is provided to the nominees of the policyholder i.e. the family members.<br>

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Best Child Education Plan

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  1. Best Child Education Plan

  2. Why Do You Need a Child Education Plan? A Child Education Plan keeps you financially equipped for your child's educational expenses. Selecting the best child education plan can help you save effectively for their future needs and provide returns that support your child's goals. Quick assistance during financial emergencies Safeguarding the child’s future Addressing increasing education costs Assured investment returns Providing security for obtaining education loans

  3. Why Invest in Child Plans? Investing in child policy can allow to enjoy triple benefits in case of untimely demise of a policyholder, which are as follows: A life cover is provided to the nominees of the policyholder i.e. the family members. All the remaining premiums are borne by the insurance company. On maturity, the sum assured is paid out to the child. Also, during the present scenario, the child beneficiary gets his or her monthly expense cover. It includes education-related costs such as books, copies, tuition fees, etc.

  4. Types of Child Plans Primarily child plans are of two types, which are as follows: 1 Child ULIPs A Child ULIP serves as both an insurance policy and an investment. Similar to a typical child education plan, a portion of your funds are allocated to safeguarding your child, while the remaining portion is invested in a combination of equity and debt. 2 Child Savings Plan A child savings plan allows you to invest without taking market risks. This comprehensive plan offers maturity perks, life coverage, along tax benefits all within a single policy.

  5. Thank You

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