Child Plan

Child PlanThe worry that tops the list for a parent is, how to meet the rising cost of education?"A child insurance policy is a saving cum investment plan that is designed to meet your childs future financial needs. You plan and save to be able to deal with the costs of higher education or to make their life financially secure till the time they become independent. Maturity of child plans generally coincides with specific stage in the life of a child like going for a professional course or higher education, stepping into a new career or marriage. These stages are typical at the age of 18 years, 21 years or 24 years. For you, these are occasions when you might need extra funds to manage the situation comfortably. So, planning for child insurance also gives you a peep into your own future financial requirements over the time as the child grows. Buying a child plan is an important decision where you need to consider a lot of factors.