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Insurance Plans For Child’s Higher Education and Marriage

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Presentation on theme: "Insurance Plans For Child’s Higher Education and Marriage"— Presentation transcript:

1 Insurance Plans For Child’s Higher Education and Marriage

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  The whole premium invested in debt instruments Decision also is in the hand of insurance company 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


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