How taking a child insurance plans for every parents is important. Why does you and your child need it and what the benefits your child can get it from this plan. We have a little presentation about a child plan, anyone has any views and suggestion please share in comment section. Also check here few best child plans for child future, https://www.policybazaar.com/life-insurance/child-plans/
2. BENEFITS OF CHILD PLAN
• Financially secure your child's future
• Helps to get higher education and get married
• If something happens to the parent, it helps to child live
his/her life comfortably
• Child Plan also helps to save tax
• Helps to paying 10% of school fees of Child
• Helps to get higher education in best college in the world
3. FEATURES OF A CHILD PLAN
• Premium Amount
• Premium Payment Mode Sum Assured
• Policy Term
• Maturity Amount
• Waiver of Premium
• Partial Withdrawals
• Riders and Benefits
4. WHY BUY A CHILD PLAN
• Every parent has responsibility get their child good
values, good school and get good college education
• Stand their child in his or her own feet in the world
• To ensure their child journey should be smooth
• Helps in taking care of your child in absence of parents
5. TYPES OF CHILD PLAN
Child ULIPs Plan
1. Few amount flows into debt instrument
2. Rest in equity instruments
3. Policy holder keeps control in switching between the
funds
Child Endowment Plans
1. The whole premium invested in debt instruments
2. Decision also is in the hand of insurance company
3. The bonus payable at maturity date and it decides the
returns
6. COMPANIES IN INDIA
OFFERING CHILD PLAN
• LIC of India
• Bajaj Allianz Life Insurance
• SBI Child Life Insurance
• Bharti AXA Life Insurance
• Birla Sun Life Insurance
• Canara HSBC Oriental Bank of Commerce
7. COMPANIES IN INDIA
OFFERING CHILD PLAN
• HDFC Child Life Insurance
• ICICI Prudential Life Insurance
• IDBI Federal
• Kotak Life Insurance
• PNB MetLife India Insurance
• Reliance Life Insurance
• Edelweiss Tokio Life Insurance
8. GET BEST PLAN FOR YOUR CHILD
By Comparing
Child Insurance Plan