You have taken a wonderful decision to secure your child’s future. With rising costs of education, its essential to save enough money for your child’s key educational milestones.
If you are not clear about features at any stage, enter your details in the personal details section and our representative will call you in the next 24 hours.
Please understand that we only offer suggestions based on your requirements, however choosing a policy most appropriate for you remains at your discretion.
Warm Regards,
Life Insurance Help
ICICI Prudential Life Insurance
If I were to invest 50000 every year for 10 years in ICICi smart kid or HDFC or AVIVA or LIC or BIRLA SUN LIFE in which will I get maximum cost savings.
Let me elaborate. In which plan would the actual amount for investment is high, after subtracting all charges : fund allocation charges, mortality charges, policy admin, fund management charges, service tax,etc……essentially what is the true amount available for actual investment and which product provides me with max actual investment amount….sorry if this question is asked earlier
You can opt for SBI Life Unit Plus Super ULIP or IDBI Federal WealthAssurance – either of of them with premium waiver benefit rider (PWB). That’s the insurance part.
But you can create more wealth and get more risk cover by taking term insurance on your life and investing in mutual funds in SIP way. Schemes like Reliance Regular Savings Fund – Equity, IDFC Premier Equity Fund, DSP blackrock Small & Mid & cap Fund are good funds for long term.
ULIPs comes with premium allocation and other charges. If you are ok with paying charges go the ULIPs otherwise best bet is to go for combination of Term Plan and MF.
Dear P990505,
You have taken a wonderful decision to secure your child’s future. With rising costs of education, its essential to save enough money for your child’s key educational milestones.
You may consider ICICI Pru SmartKid plan which can easily be purchased online at http://onlinesales.iciciprulife.com/InstaInsureWeb/SmartKid/Buy-Child-Insurance-Plans-Online.htm?UID=503.
If you are not clear about features at any stage, enter your details in the personal details section and our representative will call you in the next 24 hours.
Please understand that we only offer suggestions based on your requirements, however choosing a policy most appropriate for you remains at your discretion.
Warm Regards,
Life Insurance Help
ICICI Prudential Life Insurance
If I were to invest 50000 every year for 10 years in ICICi smart kid or HDFC or AVIVA or LIC or BIRLA SUN LIFE in which will I get maximum cost savings.
Let me elaborate. In which plan would the actual amount for investment is high, after subtracting all charges : fund allocation charges, mortality charges, policy admin, fund management charges, service tax,etc……essentially what is the true amount available for actual investment and which product provides me with max actual investment amount….sorry if this question is asked earlier
You can opt for SBI Life Unit Plus Super ULIP or IDBI Federal WealthAssurance – either of of them with premium waiver benefit rider (PWB). That’s the insurance part.
But you can create more wealth and get more risk cover by taking term insurance on your life and investing in mutual funds in SIP way. Schemes like Reliance Regular Savings Fund – Equity, IDFC Premier Equity Fund, DSP blackrock Small & Mid & cap Fund are good funds for long term.
Hope it will help you.
InvestmentKit.com
ULIPs comes with premium allocation and other charges. If you are ok with paying charges go the ULIPs otherwise best bet is to go for combination of Term Plan and MF.