BANGALORE: Most of the Indian parents are worried with the rising educational cost, indicated by a survey done by TopNews.in. The worries they are going through is the result of not saving enough funds for their children’s education in a timely manner, lack of knowledge and due to late start for savings. According to the National Crime Records Bureau statistics, every 90 seconds there’s a death of an Indian.

No parent can imagine leaving their kids without making their family financially secure. The best option they have to come out of this worrisome situation is taking a life insurance policy consisting of a large amount. According to the financial planners they provide the best insurance covers at a very low cost and in addition to that if unfortunately the policyholder dies, the nominee will get a lump-sum amount to survive, but usually the policy ends after that.

But it’s the other way round in a child insurance plan; even if the policyholder dies the policy will provide a lump-sum amount and the policy doesn’t end there. The insurance company will waive off all the premiums and invest money on behalf of the policyholder. On buying this plan, a parent will ensure that even if something happens to him any day his child’s entire necessity would be taken care of with this policy.

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