Every parent’s dream is to give their child a good education and career. So an education plan for a child is very important for the education and other expenses of your child. If you want to see a bright career of your child, then start investing from today. Choosing the right education may be a little confusing. So for helping you, I have mention 10 best child education plans.
AVIVA YOUNG SCHOLAR SECURE PLAN
It is one of the best child education plans in India. With this plan, the insured will get comprehensive life coverage. It also offers liquidity of funds. The insured will also get a death benefit and maturity benefit. It has also many other benefits as well.
MAX LIFE SHIKSHA PLUS SUPER PLAN
. It provides 6 fund options. In case of an emergency, financial security will be available for your child. It provides funds for the costs of higher education and expenses of your child. It has many other benefits also
PNB METLIFE COLLEGE PLAN
This is another excellent child education plan with amazing benefits. It provides coverage to the education expenses of your child. Tax benefits are available. In case of the death of the insured, a waiver of premium is there. It also has other benefits
SBI LIFE SMART SCHOLAR PLAN
Make your child dreams true with this amazing education plan of SBI. For matching the changing requirements of your child, you can switch between funds. It also offers liquidity of funds after the 6th year. It also offers many other benefits
ICICI PRUDENTIAL SMART KID SOLUTION
This is also one of the best education plans for your child. It is the best plan for growing your money. As per the requirement of your child, you can choose strategies for investment. It provides security to your child if the demise of the insured person happens. It has many other benefits also
HDFC SL YOUNGSTAR SUPER PREMIUM
Another excellent education plan for your child is HDFC Sl young star super-premium. It is a great plan to save for a child’s education, marriage, car or house. In case of death or illness (Critical) of the insured, the child will get the sum assured. And also waiving of premiums is there in case of death. The child will also get the fund value on maturity. There are also other benefits
AEGON LIFE EDUCARE ADVANTAGE
It is also a good child education plan. The beneficiary will get death and maturity benefit. Besides these, a terminal bonus and a reversionary bonus are also provided. It offers a guaranteed pay-out during the last 4 years of the policy. It has also other benefits
SBI LIFE SMART CHAMP INSURANCE PLAN
For ensuring a bright future of your child, this plan is great. An option of single payment (limited) is available. It provides waiving off premiums in case of the death of the insured. Terminal bonus and reversionary bonus, smart benefit (guaranteed) is also provided. It has other benefits too
BAJAJ ALLIANZ YOUNG ASSURE PLAN
Another best education plan for your child is the Bajaj Allianz Young Assure plan. It offers options of 3 cash installments. For enhancing coverage rider benefits are there. It provides guaranteed benefits to maturity. The bonus is also there. This plan has other benefits too.
FUTURE GENERALI ASSURED EDUCATION PLAN
This plan is another excellent plan for your child. 3 options are there for receiving maturity benefits. Rider benefits are available. It also offers tax benefits. Death benefit is provided. It has also many other benefits.
Conclusion: Choosing a good education plan for your child is very important. So go through the details of these plans by visiting their official sites ( I have attached). Then choose the best and the right one for your child