Have you started planning for your Child’s Education?
IF you have not yet started planning for your
child’s future, then this is the right time to think about it. Being a parent, you love your kids and they are the crucial part of your life. No matter, whatever happens, the smallest to smallest cheerful moments of their lives depend on you. It is a tricky task for the parents to sustain stability between practical and emotional life along with balancing the expenditures. Not just the balance in feelings and expenditures matter but what else has a significant part? Saving the right amount of money for the future is a tough task.
Every parent tries tooth and nail to make them happy, to secure the life and future of their kids in a better manner. But we at PTIC have got something for you. Child Life insurance plans are specifically designed for your kids’ future needs, even when it comes to your absence.
What do you mean by a Child Insurance Plan?
A Child insurance plan is an amalgamation of investment and insurance which safeguards the future of your child. At the end of the policy term, the life covers accessible as a lump sum payment. Not only does the policy will help you with combined payment at the end, but also will offer you the adaptable payouts at the significant milestones of your
child’s education. Who thinks about the mishappenings in their child’s life like death or serious illness but it is better to shelter their life with such accidents by getting an Insurance Plan. You will not have to worry for anything as even in your absence, your child’s insurance plan will take care of them even in your absence.
Why you should buy a Child Insurance Plan?
Do you think that monthly savings would work for a child’s future? No, it is not going to help you the way this insurance plan would work. Monthly savings are not sufficient for the growing high education costs. To help your child in shining in the competitive education world, you have to spend well on the education fees to make him/her stand out in the crowd. But as if at some point you are unable to spend much, the Child Insurance Plans provides you the flexibility to invest in the education, other monetary goals, and your current financial status. Child insurance plans offer you a life cover which is 10times the annual premium. Moreover, these insurance plans would offer you with the timely withdrawal facility if needed. You will also be able to avail tax benefits for the premium paid along with all the other benefits as mentioned above.
We know how important your child’s future is for you. In this rapidly growing economy, the amount of expenses increases too. Thus, to secure your child’s future you might have started the financial planning. We at PTIC are here to serve you in every possible way. We understand your needs and design a thorough plan keeping in mind all the possible goals you have planned for your child. One cannot take a risk when it comes to a child’s future. Therefore, we guide you to invest in mutual funds that have high returns and relatively low risk. Your investment plans for your child’s bright future are safe in the able hands of PTIC expert and experienced wealth planners.
