Why do you need a child plan?
As parents, we all dream of providing the best opportunities for our children. At Ved Investment, we understand the importance of a quality education. That’s why we offer specialized child education planning services to help you pave the way for your child’s bright future.
What Are Child Education Plans And How Do They Work?
Child Education Plans are investment products that aim to fund your children’s education. They are long-term investments that allow you to save for your children’s higher education expenses over the policy term.
Under this plan, you have to pay periodic premiums, which can be monthly, quarterly, half-yearly, or annually over the policy term. In return, the insurance provider gives a lumpsum amount at maturity. The maturity amount can be paid in lumpsum when your child reaches a particular age level, or periodic payouts can be made at different stages of education or age. This depends on the type of plan you are investing in.
Key Features Of Child Education Plans
- Life Insurance Cover
- Investment Options
- Lock-in Period
- Tax Benefits
Key Components of Child Education Planning
Insurance-based Child Education Plans
Fund-based Child Education Plans
Government Child Education Plan
At Ved Investment, we believe every child deserves a quality education. Our Child Education Planning services are designed to empower dreams, providing the financial support needed for a successful academic journey.