Here’s what to look for in child insurance plans

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Heres what to look for in child insurance plans
Child insurance
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• Becoming a parent is one of the proudest moments
  in life. When a child is born, life is
  automatically filled with laughter and excitement
  and as parents its an extraordinary feeling.
  But with its joy and happiness, parenting also
  invites a world of responsibilities.
• And fulfilling these responsibilities will take
  funds, lots of funds! Its this question of funds
  that has a lot of new parents stressed. But,
  there is a way to take care of these
  responsibilities with ease and its choosing one
  of the many child insurance plans available in
  the market today.

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Child insurance plan provides insurance cover as
well as a great investment instrument
Child education plan
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• As parents, you can buy such a plan and start
  investing in it as soon as the child is born. And
  on adulthood, you receive a substantial payout
  that will provide your children a secure platform
  to achieve their dreams and follow their
  aspirations.
• Whats more is that there are child insurance
  plans that even allow policyholders to make
  periodic or occasional withdrawals before
  maturity of the plan. With child plans you can
  systematically plan your childs medical needs,
  educational goals and marriage expenses.

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A child insurance plan should provide your
children financial protection
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• Financial Protection A Investment Plan For
  Child should provide your children financial
  protection in the unfortunate event of your
  death. Good child insurance plans take care of
  your childs every financial need, even in your
  absence, by providing a sum assured or periodic
  payments that will cover the welfare, medical
  costs and educational needs of your children.
• Maturity Benefit Most child education plans
  provide maturity benefits when your child turns
  18, 21 or 24. With maturity at these ages, child
  plans ensure that at the most vital junctures of
  your childs life, the maturity benefit is
  available to give a platform to his or her dreams
  and aspirations. So when choosing a child plan,
  you should ensure that the amount you stand to
  receive on maturity is enough to cater to the
  plans you have sketched out for your kids needs.
  Make sure this amount also covers the cost of
  inflation.

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The maturity benefit you receive when the policy
tenure ends will help you provide finances for
your childs higher education
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• Partial withdrawal facility The maturity
  benefit you receive when the policy tenure ends
  will help you provide finances for your childs
  higher education, marriage, etc. But what if you
  need urgent funds before the policy matures? In
  that case there are numerous child insurance
  plans that provide you the option to withdraw
  funds from your policy partially, in order to
  meet any urgent requirement that arise. So its
  wise to look for child plans that offer this
  facility whilst looking for a policy for your
  child.
• Look for riders Any Best Child Insurance Plans
  that provide you the above mentioned benefits are
  sure to provide you and your children a secure
  financial future. But if youre looking to go one
  step ahead, you can look for child plans that
  come with additional benefits like surrender
  benefit, guaranteed bonus, etc. Further, one can
  supplement a Child Plans In India with waiver of
  premium, income-benefit, personal accident
  benefit, critical illness and other additional
  riders.
• These pointers will help you choose the right
  plan among all the child insurance plans
  available in the market and also help you make
  one more good decision as a great parent!

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To Read More on Child plans Or Child insurance
plans
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• Click Here

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-plans.jsp
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