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Here’s what to look for in child insurance plans

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Child insurance plans help you in shaping your child’s future by covering their education cost. Get best child investment plan right here. – PowerPoint PPT presentation

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Title: Here’s what to look for in child insurance plans


1
Heres what to look for in child insurance plans
Child insurance
2
  •  
  • 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.

3
Child insurance plan provides insurance cover as
well as a great investment instrument
Child education plan
4
  • 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.

5
A child insurance plan should provide your
children financial protection
6
  • 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.

7
The maturity benefit you receive when the policy
tenure ends will help you provide finances for
your childs higher education
8
  • 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!

9
To Read More on Child plans Or Child insurance
plans
Visit us
https//blogs.bajajallianzlife.com/
  • To Buy Child insurance plans
  • Click Here

https//www.bajajallianzlife.com/child-plans/child
-plans.jsp
10
THANK YOU!
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