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Follow 5 Best Ways to Secure Your Child’s Future
Best Ways to Secure Your Child’s Future As a parent, you must have a desire to give your child the best of education by getting him enrolled in the top-most universities of your country. But […]
As a parent, you must want your child to have higher education. But higher education is expensive. The fees at colleges are so high these days that many middle-class parents often fail to afford higher education for their children.
It is true that you need a significant amount of money to sponsor for your child’s higher education. But it is not so difficult to have your required amount of money if you have started financial planning at the right time. While doing financial planning, it is not enough to save money for your child’s education, you should also make sure that your child’s education never gets hampered due to any unfortunate event in the future. The best way to do this is to invest in a child education plan from a reputed Life Insurance Company.
SBI life Insurance offers two Child plans to financially secure your child’s future as well as to fulfill your child’s dreams in future. Here we will discuss in detail the two child plans presented by SBI Life Insurance.
This SBI child plan is a Non-Linked Participating plan that gives comprehensive life coverage at affordable premium rates. The key features and benefits of this child education plan are as follows:
5 Best Ways to Secure Your Child’s Future
This SBI Child plan is a Unit-Linked non-participating Life insurance plan. Being a Market-linked product, this plan provides the dual benefit of insurance and investment. The key features and benefits of this SBI child plan are as follows:
The two SBI child Plans mentioned above are the best options for securing your child’s future. The first plan is a pure child education plan. The second plan is a pure child insurance plan but it is a ULIP product so the returns of the plan may be better based on market performance.
You May Also Know About: 5 Best Child Insurance Plans in India
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