• Compare Premiums Smartly
Before finalising any plan, compare the premiums offered by various insurers. A child plan with lower premium is not always the best, as it may not have important inbuilt features or riders like the waiver of premium. Finally, choose a plan that allows partial withdrawals based on the financial requirements of your child at different stages of his/her life.
Conclusion:
Buying a child saving plan is no child’s play, and parents must do some homework before picking the most suitable plan. We are sure that the above steps will help you identify and invest in the best child saving plan.
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- India’s most comprehensive parenting portal, with excerpts from ParentEdge – India’s leading parenting magazine
A Beginner’s Guide to Choosing the Perfect Child Plan
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ParentEdge
ParentEdge is a bi-monthly magazine for discerning Indian parents who would like to actively contribute to their children’s education, intellectual enrichment and stimulation. The magazine’s premise is that learning is a continuous process, and needs to happen both in and outside of school; thus parents have an important role to play in shaping their children’s interests and intellect.
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