Introduction to Child Plans
A child plan is a dual benefit plan which caters to the financial needs of children. These child insurance plans avail a life cover which can be utilized as a lump-sum amount of money is paid at the time of maturity. It provides both, investment and protection and thus can be utilized for education, marriage, travel abroad, and much more. Parents are quite sensitive and sensible these days towards providing the best resources to their children and do not rely on their running income for the same. They are skeptical people who have become extremely smart in investing money from the very beginning to meet the ever-surging educational expenses for their children. The need for a child policy arises keeping the following in mind:
Factors to consider before investing in a child plan Before buying a beneficial child policy which is a very crucial investment, one must consider the following factors:
Best Child Plans
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February 2022
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