OneInsure Blog
Post By abhishek
Love Your Child? Prove It with a Child Plan (Part 1)
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Child Plans, Education Plans
They say the instinct to protect and nurture one’s child is one of the strongest instincts among us human beings. Yes, we are all more than capable of providing 3 square meals to our children and protecting them from physical harm; however, in order for them to protect themselves and fend for themselves in the world outside your protection, they require:
- A good education
- A wholesome childhood without financial constraints (including food, entertainment, and vacation expenses)
- Enough saved up in case of healthcare needs
So, as a parent, it is your duty to prove your love for your child/children with a Child Plan that ticks all of these boxes. With OneInsure, it is quite easy to choose one too. Simply call 86559-86559 or email support@oneinsure.com to know more about how Child Plans work.
Let’s now see why investing in Child Plans as a parent is a MUST!
What You Need to Know about Child Plans
One of the best ways to save with regular investments for your child’s future needs is through Child Insurance Plans. You can start saving systematically with the help of Child Plans and secure your child's financial future. Although it is ideal for you to start child plans immediately after your child is born, it is never too late to start saving in a disciplined manner for your child.
In case of money-back policies, your little one stands to receive survival benefits at regular intervals. For example, when s/he turns 18 years of age (when they pass Junior College and opt for a Professional course), the insurance company would pay around 20% of the sum assured, and another 20% after two years and so on.
As you can see, Child Plans can be customised according to your child’s needs. You can also opt for endowment policies, where a lump sum amount is paid at maturity along with bonuses.
One of the benefits of child insurance plans is its Waiver-of-Premium feature. If the policyholder (parent) were to pass away, all the future premiums will be taken care of by the insurance company and the cover will continue to be active.
To find the most suitable cover to secure the future of your little ones, give us a ring at 86559-86559 or write to us at support@oneinsure.com and we will be happy to help.
Do YOU love your child/children? Here’s your chance to prove it to them by opting for a Child Plan today!