Child Investment Plans - Best Financial Moves For New Parents

Child Investment Plans - Best Financial Move for New Parents
A child is the pride and joy of any parent, a conduit for their hopes, dreams and legacy. Hence, it would be wise for young parents to plan ahead, so as to meet their children’s financial needs. Child Investment Plans could go a long way in help you do just that.

A Child Plan is an insurance cum investment opportunity that could help bolster you child’s financial security, and also help them navigate their turning points in life, like their higher education, marriage, etc. In this way, a good Child Plan helps lay a safety net for you children, in the event of your unfortunate demise, and it would also serve as an investment opportunity that could finance the prime moments of their lives.

Your child’s protection policy should be chosen wisely.

You can start with setting a budget for the amount of investments that you can afford to make. Aggregate your options according to set budgets, and do a comparative analysis, preferably with an expert to understand the pros and cons of each plan. This will enable you to make a more informed decision.

You children can give you a lot of reasons to worry. Making regular investments into a Child Investment Plan could help in lifting some of it off your shoulders, if done right.

Visit PNB MetLife's website to know more about Life Insurance, Long Term Savings, Term Insurance & Term Plan.

Disclaimer: 
The aforesaid article presents the view or an independent writer who is an expert on financial and insurance matters. PNB MetLife India Insurance Co. Ltd. doesn’t influence or support views of the writer of the article in any way. The article is informative in nature and PNB MetLife and/ or the writer of the article shall not be responsible for any direct/ indirect loss or liability incurred by the reader for taking any decisions based on the contents and information given in article. Please consult your financial advisor/ insurance advisor/ before making any decision.

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