3. Child plan

Children is the most valuable assets in everyone’s life. Getting your child insured offers dual benefits of maturity and death benefit. Infact, it is one of the best forms of insurance available that will provide financial support to your child.

Child plan is considered to be the most neglected of them all, as there is lack of awareness as to how valuable this plan could be.

The most important concern for all the parents is to provide best education for their children. Considering this, people fail to realize the increasing rate of educational expenses that they will have to incur. Having insurance for your child can dwarf your savings; no matter how huge are the expenses you are paying.

To match up to the educational expenses of your child, it is better to make an insurance at the earliest, as it will also protect your child financially in case of your untimely death.

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