744 ViewsChild Education Plans, also known as Child Plans, are comprehensive financial products offered by insurance companies. These policies serve as a combination of investment and insurance, specifically designed to address parents’ concerns regarding their children’s education expenses. These plans act as investment plans that help parents to accumulate funds for their child’s higher education needs during the policy duration. Simultaneously, they offer a safety net by ensuring financial protection for the child in the unfortunate event of the parent’s premature demise. A fraction of the premiums paid towards the…
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