Ask an Expert - Your Personal Insurance Advisor

Dear Rahul,



From you portfolio, we have realized that you are quite an investment savvy person.However Child Plans need to be purchased based on your requirement and not based on your present portfolio.

Thus, since you are planning to start an early plan for your child, you can ensure that her future... Read More>>

Dear Krishna,



With your mentioned conditions, it would make most sense for you to take a child ULIP with a premium waiver benefit rider, such that if anything were to happen to you, the premiums would be paid by the insurance company and your child would still continue to receive the benefits. 



Plans... Read More>>

Dear Yaamini,



Since you have quite a few investments already, I hope you have taken Term Plan for your self and your husband. If not, please do so because that is the best way to protect your child for any unforeseen events.



Good Term Plans would be



Anytime Plan from IndiaFirst

e-Protect Plan from... Read More>>

To begin with, Buy a Term insurance plan. Check out the popular online term plans such as Aviva iLife, HDFC Click 2 Protect, Aegon iTerm and buy one immediately. Take a minimum cover of at least 15 times your annual salary and for the longest available policy term.Then start making regular savings... Read More>>

Often people buy child insurance plans thinking that it is the only solution for securing child's future. But that is not the case. To start with you should - 

 

1. Buy a Term insurance plan. Check out the popular online term plans such as Aviva iLife, HDFC Click 2 Protect, Aegon iTerm and buy one... Read More>>

Dear Ajay Rajaram Khopade,



Purchasing a Child Plan is the first step towards protecting your child's future and planning for your child's education is one of your primary resposibilities as a parent. But if you take a good child plan , then most of your worries are taken care of by simply continuing... Read More>>

Dear Amit Srivastava,



Since your daughter is only 9 months old, you can afford to opt for a longish type of a child plan so that the returns are quite impressive when you actually need the money. In fact you can also choose a Unit Linked Insurance Plan where the returns are marked to the market since... Read More>>

Dear S.P. Pandey,



Starting a Child Plan at the early stage of your child's life is the best gift you can give your little baby.



But before you opt for a good child plan, you should take up a Term Coverage, so that if anything happens to you, your child would get high Sum Assured which would ensure... Read More>>

Dear Praveen,



Since you are speficially looking for child education plan, you can consider DLF Pramerica Fee Protect Plan. In this plan if the Life Insured, i.e. the parent dies within the policy tenure, no further premiums need to be paid and the child would receive Monthly Payouts every month till... Read More>>

Dear Bijay,

From you portfolio, we have realized that you are quite an investment savvy person.However Child Plans need to be purchased based on your requirement and not based on your present portfolio.

Thus, since you are planning to start an early plan for your child, you can ensure that her future... Read More>>