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View Full Version : Suggest Child plan for higher education?



Mahesh
27-04-2012, 02:20 PM
I have a 4 years old child. I want to get a Child plan for his higher education worth amount 35 Lakhs which would be needed after 15-20 years. I want to get him insured too. Kindly suggest me where to invest?

PolicyWala
27-04-2012, 04:21 PM
There are lots of similar threads. Avoid investing in any child plan. Invest in PF, long term MFs, FDs etc.

Mahesh
27-04-2012, 08:44 PM
But I also want him to get him insured too.

VarunD
29-04-2012, 01:22 PM
But I also want him to get him insured too.
You buy a term insurance for yourself, he doesn't need life insurance cover. Try online term plans, they are cheaper.

bhushansheth
18-05-2012, 04:03 PM
I believe what you are looking for is a long term assured return plan, with regular investment of premium. What you might additionally need is a premium waiver benefit cover, without which child plans are incomplete.