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Parents can invest fixed amounts every year which can be timed to mature when the child attains a certain age, say 18 years. Major events in the child's life, like marriage or higher studies can be planned and financed by Child Life Insurance Policies if the parent takes adequate plans at the right time.
Shriram Life Genius Assured Benefit Plan is a traditional plan where all the benefits are guaranteed. This plan offers a unique blend of life insurance and maturity benefit by paying premium for 10 years. This plan is ideal for you if you are looking for complete protection of your family and providing financial support to your child's dream.
Shriram New Shri Vidya Plan (UIN-128N051V01) is designed
for you to make your child's aspirations come true. The
Plan offers survival benefits to adjust according to your
child's education requirements and also insurance cover
in case of any unfortunate event happens to you.
Wedding is an auspicious and lifetime event which brings
joy and hapiness in one's life. To make it more
memorable and happiest event, it has to be well planned
and properly financed. We understand this responsibility
of yours and stand beside you with our Shriram New Shri
No joy can be greater than becoming a parent and to have your child in your arms. However, this happiness comes with a new set of responsibilities. Every parent strives towards providing their kids everything they would need, starting from birth of the baby to his/her studies and marriages to their eventual settlement.
The biggest dream of every parent is to provide a secure life to their children. Every parent wants the best for their kids. Choose a Child life insurance policy to ensure that their future is bright. Child plans offer the much needed financial support to the children.
Child Life Insurance Plans assist in handling the expenses for marriage and higher studies. This becomes more crucial if, due to some unforeseen circumstances, the family loses its breadwinner. A child plan secures his/her future under all the circumstances. Its helps you fulfill all the demands of your children without any compromise. To get a secure future for your child and a stress free life for yourself, all you are required to do is to invest a small amount from your income. This will take care of all the major expenses which you and your kid would face in the coming years.
If you are wondering on how to choose a suitable child insurance plan, then have a look at these suggestions below.
There is no specific time. You can decide on child insurance as soon you realize that it is needed. It can be on the day when your baby is born or the day he/she goes to school for the first time.
When finalizing an insurance plan for child, make sure you have a trusted appointee for the plan. In case of your unseen absence, the appointee should be capable of taking care of your child in the best possible way, till your child becomes capable of handling his/her responsibility himself/herself.
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