A child education plan is primarily a combination of both insurance and investment benefits, which helps secure your child's future against life's uncertainties. The child education plan provides a prominent lump sum payment as a policy benefit at the end of the policy term. Also, the child plan provides an option to make flexible payouts at important educational milestones of your child. Another facet of child education plan is that it helps you ensure your family's well-being in the unfortunate event of your ill-timed demise or when you're diagnosed with a life-threatening health condition.
How does a child's education plan secure your child's future?
Having a child education plan enables you to benefit from the following features –
Child Education Plans with Canara HSBC Oriental Bank of Commerce Life Insurance
A protection cum savings oriented Unit Linked Insurance Plan, which provides comprehensive life cover protection along with ample saving opportunities for your dreams and life goals, Loyalty Additions, and Wealth Boosters.
These are essentially unit linked insurance plans that provide long-term investment opportunities to help fulfill the different family needs while ensuring a bright future for your child.
This plan helps you develop the habit of disciplined financial planning and savings so that you have adequate financial backup to support your life goals.
Essentially a unit linked child education plan, this policy provides both long-term investment opportunities to secure your child's future and the protection of life insurance coverage.
This plan is designed to provide financial protection to your loved ones through a comprehensive life cover and milestone-based payouts (in the form of maturity benefits and guaranteed money back payouts)
The plan provides substantial financial protection in case of your untimely demise within the policy tenure while promising to pay guaranteed payouts, annual bonuses, and final bonus on maturity.