Prajna Capital - An Investment Guide

Insurance plans have been traditionally seen as the best bet to secure a child’s future. But there are more issues to keep in mind before opting for one THINK of an investment avenue for securing the financial future of kids and, in all probability, it’s child insurance plans which will come to your mind first. Sure, among the various financial instruments designed to meet your child’s future financial needs, child insurance plans have over the years definitely been able to carve a niche for themselves. And not without a reason. 1) Child insurance plans cater to the various needs of your kids — whether that be higher education, marriage or any other future requirement, including the setting up a business of his/ her own. Particularly the soaring costs of higher education necessitate the building up of a safe and sufficient corpus for your child. Child plans fulfill the educational needs of the child as well as create savings for other requirement like marriage, etc. Parents r...