Choosing the best Children’s Insurance Plan today is no child’s play. There are so many plans available in the market today that selecting the best one for securing your child’s future is extremely difficult. We have tried to collate the information for you so that you can make an informed decision.
Change is the only constant, and it’s even more evident when it comes to inflation. It is quite evident that rising costs are here to stay, especially when it comes to education. Today, the cost of sending your child to kindergarten is already high; imagine how much it would become 10 years from now.
Unit linked insurance policies or ULIPs as they are popularly called have gained huge traction with investors since their launch in 2004. The favourable tilt towards ULIP was however not because of ULIP being an outstanding product, but was because Insurance agents hard sell and often mis-sell ULIPs to unsuspecting investors.