Child Education Plan

What is Child Education Plan?

• Child education plans provide money at key education milestone and take care of your loved ones future even if you are not around.

• Policy benefit ensures that in case of accidental death of the parent, the company pays all future premiums on behalf of the parent.

• This means that the child gets money at every stages of his/her student life and never suffers due to lack of funds.

• It helps you create targeted saving

• Planned saving helps you secure the child’s future

• Children plans allow you to streamline your personal savings

• Children’s plans make budgeting easier

• Tax benefits

Do I really need a Child Education Plan?

This depends on various factors such as

1. Type of career you would prefer for your child.

2. Studying overseas or within country.

3. And many more…

To know the approximate amount you should ask your financial advisor or check online for help.

How much should I save in a Child Plan?

Selecting Target Date

Finding Current Cost of Education

Finding Target Amount

Estimating the returns you can generate

Calculating Monthly Premium

Steps for Planning Your Child’s Insurance

• Offers much needed protection and financial support for child’s future education.

• Designed as per Beneficiary concept, i.e. beneficiary is the sole person to receive the benefit under the policy.

• Different child education plans provide multiple benefits.

• Flexible premium or investment options available.

• Assured returns on maturity

Benefits of Child Education Plan

Thank YouResources:

1. www.aegonreligare.com

2. www.jagoinvestor.com

3. www.why.do