- A Basic Overview
What is Child Insurance?
For every parent, their child is very special. To fulfill their
dreams and aspirations, they just can't stop finding the
best options and solutions for their child's needs.
Primary education, higher education, marriage, extra
spends and more are all part of responsibilities for your
Here, child insurance plans come into picture.
Child insurance plans help you plan your child’s career and
future milestones in a structured manner.
These plans take care of your child’s dreams in the event
after you pass on.
Tips to choose child insurance plan
Premium Payments – Depending on your budget, choose a
plan that will meet your child’s requirements easily.
Risk Coverage - Some child insurance plans give more risk
coverage aspect. Kids today are highly interested to
different activities like sports, dance, etc. and as a parent
you would definitely be concerned for your kid’s protection
Policies with good risk coverage would definitely have a
high premium charge but the strong protection that it will
provide will leave you tension-free.
Money Back Plan – In these child plans, policyholder has
to pay the premium amount regularly and the insurer
agrees to pay an assured sum of money at the time of
maturity of the plan