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32.5%First documentHere How You Can Secure Your Kids Future Before They are all Grown UpOpen original ↗
Second documentFinancial Planning For Children What Parents SayOpen original ↗
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Tax Benefits
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.
How does a ULIP help you as parents?
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
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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.
Here's How You Can Secure Your Kid's Future Before They Are All Grown Up
August 2, 2024
Financial planning for children: What parents say?
August 2, 2024
Insurance Component
Having a contingency plan in the event of your absence is crucial. To ensure your child has the means to reach their potential, even in the face of your unfortunate demise, ULIPs offer a life insurance component. While a portion of your premiums is dedicated to investing in market instruments, another is used towards your life insurance policy.
How does a ULIP help you as parents?
The best ULIP come with a suitable insurance cover that will pay a sum assured to your child upon your unfortunate death, so that their education is not affected. Meanwhile, your investment payouts can take care of other expenses as well.
What is a Unit Linked Insurance Plan?
ULIP is a life insurance plan that enables individuals to have the combined benefits of insurance and investment in market instruments. This plan integrates both protection and investment in its features and can be customized based on the particular needs of the policyholder. ULIPs were first brought to India by Unit Trust of India in 1971.
The ideal option- a ULIP
A Unit Linked Savings Plan or a ULIP is an insurance-cum-investment tool that gives you the benefits of both simultaneously. A part of the premium is paid towards investments chosen as per your risk appetite, and the other part is used for an insurance cover.