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First paragraph55 words

6 Child Insurance Plans by Canara HSBC Life Insurance

Parents are worried about their children's higher education. The question of whether they will be able to fund their children's education remains unanswered. Well, they can if they plan in the right manner with the right approach. The best and most obvious thing you can do is begin to save at an early life stage.

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Second paragraph128 words

Best Monthly Saving Schemes for Child's Education

Even though inflation may be down to zero, an average Indian household's expenditure is climbing at a feeling of great peace. The cost of education is already peaking and is rising at 12% every year. Currently, the average course fee of a BTech student is ₹6 lakh. The cost will only increase in the upcoming years, and by 2027, it will touch a whopping ₹24 lakh. Now, with the current scenario, Indian parents are worried about their child's higher education. The question of whether they will be able to fund their child's education remains unanswered. Well, they can if they plan in the right manner with the right approach. The best and the most obvious thing you can do is begin to save from an early life stage.

First paragraph81 words

6 Child Insurance Plans by Canara HSBC Life Insurance

By buying a life insurance policy , you can save a large sum and gain the power of compounding. Having an early start is not always enough. You should also know where to put your money to receive optimum returns. However, a delayed start for your child's education will not only yield a small sum of money but will also impact your other financial goals. You're likely to fall short of the required amount if you begin the investment in your 40s.

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Second paragraph118 words

Best Monthly Saving Schemes for Child's Education

By starting to invest in life insurance , you can save a big sum of an amount and gain the power of compounding. When you invest in the best monthly saving scheme, you yield good results at the end of it. Having an early start is not always enough. You should also know where to invest right to receive the optimum returns. However, a delayed start in investing for your child's education will not only yield a small sum of money but will also impact your other financial goals. You're likely to fall short of the required amount if you begin the investment in your 40s. To understand this better, let us walk through the best monthly saving schemes.

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2. Smart Future Plan

This plan is a unit-linked insurance plan that provides you with an investment opportunity for the long-term to fulfil various family needs, such as ensuring a bright future for your young ones or building a legacy for your future generations. This is a comprehensive life insurance cover that implies that there is a sum assured on death and a premium funding benefit on death or disability. It ensures that the plan you chose for your family is unaffected even if an unfortunate incident occurs.

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Second paragraph80 words

Types of Child Insurance plan offered by Canara Life Insurance:

Smart Future Plans- This plan is a unit-linked insurance plan providing you investment opportunity for the long term to fulfil various family needs, such as ensuring a bright future for your young ones or gathering assets. This is a comprehensive insurance cover that implies that there is the sum assured on death and Premium Funding benefit on death or disability. It ensures that the plan you selected for your family remains unaffected even if any unfortunate incident takes place.

First paragraph41 words

Four Reasons to Buy a Child Insurance Plan

Flexible Investment: This plan offers you the opportunity to invest in your child's future, i.e. for a long period. Factors such as a long policy term and flexible premium payment tenure makes it a considerable life insurance cum child plan.

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Second paragraph43 words

Why do you need a Child Insurance Plan?

Flexible investment- This plan offers you the opportunity to invest in your child's future, i.e. for a long period. Factors such as a long policy term and flexible premium payment tenure make it easier for you to invest in this insurance plan.

First paragraph45 words

4. Future Smart Plan

It is a unit-linked insurance plan that will provide the parents with a long term investment opportunity to build a bright future for their child . In case of any unfortunate event, the insurance will comprehensively cover everything to ensure your child's future stays unaffected.

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Second paragraph48 words

Types of Child Insurance plan offered by Canara Life Insurance:

Future Smart Plan - It is a unit-linked insurance plan that will provide the parents with a long term investment opportunity to build a bright future for their child. In case of any unfortunate event, the insurance will comprehensively cover everything to ensure your child's future stays unaffected.

First paragraph29 words

Four Reasons to Buy a Child Insurance Plan

Education Corpus: As education's expense keeps increasing exponentially, it is important to choose a child education plan that keeps you financially secured when your child applies for higher education.

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Second paragraph29 words

Why do you need a Child Insurance Plan?

Higher education - As education's expense keeps increasing exponentially, it is important to choose a child education plan that keeps you financially secured when your child applies for higher education .

First paragraph47 words

5. Money Back Advantage Plan

You should be financially empowered during every sphere of life, and in this case, it's your child's education. Money Back Advantage Plan will provide financial help to your child by offering life cover and the milestone based on payouts via guaranteed money back payouts and maturity benefits.

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Second paragraph52 words

Types of Child Insurance plan offered by Canara Life Insurance:

Money-Back Advantage Plan - You should be financially empowered during every sphere of life, and in this case, it's your child's education. The Money Back Advantage Plan will provide financial help to your child by offering life cover and the milestone based on payouts via guaranteed money back payouts and maturity benefits.

First paragraph25 words

6 Child Insurance Plans by Canara HSBC Life Insurance

Canara HSBC child insurance plans help protect education goals and future financial needs with structured savings and protection features. December 2, 2025 7 minutes read

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Second paragraph24 words

Best Monthly Saving Schemes for Child's Education

Monthly saving options that help parents plan and set aside funds for a child’s education over time. December 20, 2025 5 minutes read