Child Saving Plan
Insurancevala
Invest today for your child's future dreams.
Every parent’s dream is to ensure their child gets the best of everything. Education and marriage are the biggest concerns where you do not want to compromise. A child saving plan will help you invest your money wisely & insure your child’s dream.
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Tips to save money for your child’s future
One of the best solutions is to start saving early for your child’s future that makes a big difference in their lives. Here are some tips to save money for your child’s future:
- Start early: When it comes to saving for your children, time and consistency are your greatest allies.
- Be regular: Always deposit small amounts as and when you can, instead of waiting until you have a large amount.
- Look for added benefits: When opting for a life insurance plan, look for a company that offers added benefits at no extra cost.
- Don’t exceed your budget: The amount that you decide to save for your children should fit comfortably within your budget.
Child Saving Plan Quote
Compare quotes and get life insurance in the right way!
Get an Insurance Quote
The right time to start saving is now. The sooner you start saving, the more you can provide for your child.
Get an insurance quote – in just 2 minutes or less. Switch to Insurancevala for an insurance policy where you can trust.
Facing any problem to get a quote!
Call: +91 9824266168
What is the minimum age of the child for getting child insurance?
The usual entry age to buy a child plan is 18 to 21 years, and the maturity age can be up to 60 to 65 years.
What is Child Education Plan?
Child Education Plan a unique way to save for your child’s future. To fulfill your child’s dream & aspirations, begin by making small investments in a Recurring Deposit for a short tenure and receive regular payouts for the rest of the tenure.
At what frequency will the payouts be credited to my child's Youngstar Savings Account?
The frequency of the equated payouts will be chosen by you while filling up the form for investing in this Plan.
Can I take a loan on the Child Education Plan?
Yes. A loan of 90% will be sanctioned against the principal account balance of the Recurring Deposit in the Investment Phase.
What is the minimum instalment amount for Child Education Plan?
The minimum instalment amount for This plan is Rs. 500.
Can I partially withdraw from the Child Education Plan?
No. This Benefit does not apply to the Child saving plan.
How will the interest rate be assigned to Child Education Plan?
Child Education Plan will earn prevailing fixed deposit interest rates for the entire deposit period.
Can I set up a Standing Instruction for installment payment in the Child Education Plan?
Yes, you can set up a Standing Instruction for installment payment in the Child Education Plan.
Still have you any problem for solutions?
Your Needs, Insurancevala Solutions. Where you can purchase all insurance policies to be prepared for future uncertainties.
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