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21.8%First documentMonthly Saving Options to Plan for Your Child’s EducationOpen original ↗
Second documentWhat are the features of a Child Education Plan?Open original ↗
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Secure Your Child’s Education and Future Milestones
Disclaimer - This article is issued in the general public interest and meant for general information purposes only. The views expressed in this blog are solely those of the writer and do not necessarily reflect the official policy or position of Canara HSBC Life Insurance Company Limited or any affiliated entity. We make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability, or availability with respect to the blog or the information, products, services, or related graphics contained in the blog for any purpose. Any reliance you place on such information is therefore strictly at your own risk. You should consult with a qualified professional regarding your specific circumstances before taking any action based on the content provided herein.
Here are the different features of child education plans that make them a worthwhile investment –
Disclaimer - This article is issued in the general public interest and meant for general information purposes only. The views expressed in this blog are solely those of the writer and do not necessarily reflect the official policy or position of Canara HSBC Life Insurance Company Limited or any affiliated entity. We make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability, or availability with respect to the blog or the information, products, services, or related graphics contained in the blog for any purpose. Any reliance you place on such information is therefore strictly at your own risk. You should consult with a qualified professional regarding your specific circumstances before taking any action based on the content provided herein.
Don't Just Survive, Thrive
3 Plan options Life cover + Guaranteed income Get Total Premiums at maturity Early income from 2nd policy year
Don't Just Survive, Thrive
3 Plan options Life cover + Guaranteed income Get Total Premiums at maturity Early income from 2nd policy year
Save, Dream, Plan. Live Peacefully
5 Plan options Option to choose PPT Get Tax benefits
Save, Dream, Plan. Live Peacefully
5 Plan options Option to choose PPT Get Tax benefits
Popular Searches
Child Education Child Insurance Plan Children Money Back Policy Insurance Policy For Newborn Child Protection Rider How Child Insurance Works? Sukanya Samriddhi Yojana Child Insurance Calculator
Popular Searches
Child Education Child Insurance Plan Children Money Back Policy Insurance Policy For Newborn Child Protection Rider How Child Insurance Works? Sukanya Samriddhi Yojana Child Insurance Calculator
Popular Searches
Buy Best Child insurance Plan Best Investment Plan for Girl Child Child Education Insurance Plan Best Fixed Deposit for Child Types of Child Insurance Child Education Insurance
Popular Searches
Buy Best Child insurance Plan Best Investment Plan for Girl Child Child Education Insurance Plan Best Fixed Deposit for Child Types of Child Insurance Child Education Insurance
Fixed Returns, Zero Risks & Worries
4 Plan options Life cover + Guaranteed benefits Accidental death benefit Premium protection cover
Fixed Returns, Zero Risks & Worries
4 Plan options Life cover + Guaranteed benefits Accidental death benefit Premium protection cover
Child Insurance - Top Selling Plans
We bring you a collection of popular Canara HSBC life insurance plans. Forget the dusty brochures and endless offline visits! Dive into the features of our top-selling online insurance plans and buy the one that meets your goals and requirements. You and your wallet will be thankful in the future as we brighten up your financial future with these plans.
Child Insurance - Top Selling Plans
We bring you a collection of popular Canara HSBC life insurance plans. Forget the dusty brochures and endless offline visits! Dive into the features of our top-selling online insurance plans and buy the one that meets your goals and requirements. You and your wallet will be thankful in the future as we brighten up your financial future with these plans.
What is a Child Insurance Plan?
Policy Tenure- Typically, the policy tenure of a child insurance plan varies from 5 to 30 years. You can select the tenure from the birth of your child to a predefined age.
Here are the different features of child education plans that make them a worthwhile investment –
The policy tenure of a child education plan may usually vary between 5 years and 30 years. You can select the policy tenure to extend from the birth of your child to a pre-defined age.
What is a Child Insurance Plan?
Premiums- You can pay the premium as a lump sum at the beginning of the policy or in a specific period. The bank will give you multiple options to pay the premium: monthly, quarterly, half-yearly, and annual basis. The premium amount is dependent on the assured sum and the expected returns.
Here are the different features of child education plans that make them a worthwhile investment –
You have the ease of paying the premiums for child education plans as a lump-sum at the time of buying the policy or periodically for a specified term. Most insurance companies also provide options to pay the premiums on a monthly, quarterly, half-yearly, or annual basis. The amount of premium payable varies with the sum assured and the expected returns.
What is a Child Insurance Plan?
Sum Assured- Besides maturity benefits, child insurance plans provide a life cover. According to the general thumb rule, the assured sum should be over ten times the annual income.
Here are the different features of child education plans that make them a worthwhile investment –
Child education plans provide comprehensive life cover benefits in the form of a significant sum assured, along with maturity benefits. The sum assured for the life insurance cover is paid to your family in case of your untimely demise within the policy tenure. It is advisable that the selected sum assured must be at least ten times your annual income.
What is a Child Insurance Plan?
Choice of Funds- A part of the premium of the child insurance policy is used as an investment in market-linked assets. The insurance company allows the policyholder to opt from different funds. The funds are invested in debt, equity, or money market instruments.
Here are the different features of child education plans that make them a worthwhile investment –
A portion of the premium paid against a child education policy is invested in market-linked assets. As the policyholder, you have the flexibility to choose between different fund options with varying risk profiles and rates of returns. Based on your financial goals, thus, you can choose between a variety of equity, debt, or money market-based fund options.