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Dual Benefit: Investment and Insurance
So, you can choose between growth-oriented and guaranteed-return options when you consider a child insurance plan: Unit-Linked Insurance Plan ( ULIP ): A mix of equity and debt funds to maximise returns while managing risk
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What are Child Investment and Protection Plans?
Growth-Focused ULIP-Based Plans: For parents comfortable with market exposure, ULIP-based child plans bring higher growth potential along with protection. A portion of your premium is invested in market-linked funds, and another part secures life insurance coverage. The flexibility to switch between funds allows you to adjust your strategy as the market changes. Over time, compounding helps create a strong financial foundation for your child.