Child birth is a very happy moment for a couple and also for the family but the happiness needs to remain throughout the life. Apart from every important detail one very vital thing is the step of financial planning or child plan for their children and to ensure your children's future the best way is to plan insurance.
Child insurance plan gives the benefits of both investment and insurance, but the main challenge is to choose a plan that not only matches the rising costs of education and marriage but the premium to be paid every month also suits your income. There are many insurance companies that offer child insurance policies with occasional or regular withdrawals before plan maturity and you can select the child plans .
Insuring your child with an insurance plan is a real good gift for them because no one is aware of their future. Hence, to secure your child in the long run it is safe to secure them with a child plan. There are many enduring benefits of the child plans such as saving for your child's education and their further studies expenditure, for medical emergencies, if a parent dies untimely, and also as income protection for the children.