Children Education Planning
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Below are the investment options for a Child’s Education
SIP
Systematic Investment Plans
PPF
Public Provident Fund
Children Insurance Plans
Factors to consider when availing the best Children’s Education Plan:
• Affordable premiums
• Flexible plan which helps to gradually increase savings for the future.
• Opt for the pay or benefit rider
• Adequate Sum required for the Child’s Higher Education Costs
• Rider Benefits like Health Insurance, Accident cover.
• Competitive Pricing and Returns
• Assured amount for Children in case of Parents Death
• Claim settlement ratio of the insurer
• Amount of money to set aside for the child’s education
• Less administrative Costs.
Eligibility Criteria
The entry age to buy a child education plan varies from insurer to insurer.
Entry age is 0-17 years for child and 18-57 years for the proposer
Reasons why we miss out on creating funds for our children
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Lack of knowledge –Lorem ipsum dolor sit amet, consectetur adipiscing elit. Suspendisse dignissim, mi ullamcorper gravida euismod, dui neque congue magna, non tristique velit nibh pellentesque enim. Aenean pellentesque nisl ac mi dapibus mattis. Phasellus facilisis sit amet purus nec tempor. Quisque convallis turpis ut orci euismod, quis imperdiet urna pulvinar. Proin facilisis vulputate accumsan. Aliquam porttitor vitae tortor at suscipit. Cras dignissim dictum vulputate. Suspendisse potenti. Fusce est sem, suscipit ac nibh a, maximus tempus turpis. In commodo leo et purus tincidunt, a
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