Why you must have a child insurance plan?

POSTED BY arunprash ON March 27, 2014 1:57 pm COMMENTS (3)

I have ready many articles by Manish and others who have clearly proven that going for a term life insurance is the best bet along with investing in either PPF or a mutual fund (SIP). I wanted to get everyone’s and Manish’s comments on this article from economic times.

http://economictimes.indiatimes.com/personal-finance/insurance/analysis/why-you-must-have-a-child-insurance-plan/articleshow/30943498.cms

 

3 replies on this article “Why you must have a child insurance plan?”

  1. ashalanshu says:

    Dear Rahul, can you share the details for benefit of all of us.

    Thanks

    Ashal

  2. rahulsharma2617 says:

    It all depends on the needs and the budget. I choose Bharti AXA Life child plans. They have created a plan that will help me provide the best for my child’s key stages and help me secure a bright future for him.

  3. ashalanshu says:

    Dear Arun, can you answer, how come a higher charge product can offer better return than a lower charge product? There is more to it. The calculations have been done at 45L Rs. sum assured intentionally. Please check on your own the prem. of an online term cover of 50L Rs. and now compare the 3 things.

    Thanks

    Ashal

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