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Make Your Child's Future Financially Secure

Child Plans help you save for your child’s milestones in a disciplined manner.

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Make Your Child's Future Financially Secure

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  1. Secure Your Child’s Future With Child Plan

  2. What is Child Plan? • Child plans ensure comprehensive financial planning for your child’s education and development needs. • In this you pay regular premiums or in a lump sum. • At the time of key education milestone of your child you can use this money partly or completely. • It provides financial protection for your child’s future.

  3. Why go for Child Plan? • Helps provide financial support for your children's education needs. • Covers cost of all extra- curricular activities. • Provides tax benefit on the amount invested in child plan. • Provides protection in the unfortunate event of death of the parent

  4. Understanding Child Plan Scenario 1: Here Parents survives the full Policy Term

  5. Understanding Child Plan Scenario 2: Here Parents meets with an accident and dies after paying premium for 2 years

  6. Child Plan VS Term Plan

  7. Selecting Child Plan Here are few quick tips on how to select child plan, • Start early – Buying a Child Plan earlier will enable you to ensure higher finance at the for a longer term. • For a shorter policy term i.e <10 years, prefer Child Endowment Plans. • For a longer policy term i.e >10 years, prefer Child ULIPs.

  8. Rating Following are some of the life insurance companies which offer child plan. Ratings from www.mouthshut.com

  9. Thank You Reference: www.aegonreligare.com www.slideshare.net www.mouthshut.com www.policybazaar.com

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