As a caring parent you would always want your child to get the very best. You work towards ensuring that you have the means to meet the big future expenses of your child, be it for higher education, marriage or any other dreams that you have for your child. To ensure that you fulfill dreams that you may have for your loved ones, financial planning for their secured future is very important.
At Integrity, we understand that. That’s why we present you host of child plans so that you can choose the one that suits your and your child’s needs. All you need is a saving's plan that is designed to provide money at key milestones in your child’s life and take care of your loved ones future even if you are not around. Our plans are as accommodating as you are for your child.
Why do I need Child Plan?
- Why do I need Child Plan?The costs of education is increasing at a rapid pace across all levels. In order to ensure that you can pay for your children's educations you need to start saving at the earliest.
- All round development of children : With children taking to hobbies like music and art as alternate careers, parents have to shell out a lot more on their children than the previous generation.
- Tax benefits : Apart from protection and savings, wealth insurance plans also offer tax benefits as per prevailing tax laws.
- Protection : In the unfortunate event of death of the parent (Life Assured) during the term of the Policy, the following benefits are payable:
- Sum Assured would be paid to the beneficiary.
- Future premiums would be paid by the Company till the maturity of the Policy.
- Policy benefits would continue for your child's educational and developmental needs, as planned by you
- If an optional rider has been chosen, an additional fixed amount shall be paid to the child every year till the maturity of the Policy