Bangalore, Karnataka, India, June 26, 2023 – As a parent, one of the biggest dreams is to give our children the best possible education. We want to ensure that our kids receive a high-quality education that will help them grow and thrive in their lives. However, with the rising costs of education, this dream can seem daunting. But, with proper planning and smart investments, you can make this dream a reality.
Education is an investment in your child’s future, and it requires careful financial planning. The earlier you start investing, the easier it becomes to meet the financial requirements of the best schools and colleges. With proper planning and smart investments, you can provide your child with the education that he or she deserves.
Savings play a crucial role in meeting the exorbitant fees of the best educational institutions. It’s essential to start investing early to be able to manage to send your kids to the best school or college. However, many people leave this goal to chance and end up struggling to pay the fees when the time comes.
To ensure your child’s bright future, it’s essential to invest in a guaranteed plan. A guaranteed plan provides you with a guaranteed sum of money at the end of the policy term, regardless of market fluctuations. This way, you can plan your child’s education with certainty, knowing that you have a reliable source of funds.
Canara HSBC Life Insurance iSelect Guaranteed Future Plan is one of the good guaranteed plans in the market that can help you secure your child’s education. Here are some features that make this plan stand out:
Gift of guarantee: With this plan, you receive a guaranteed sum of money at the end of the policy term, which can help fund your child’s education.
An example can help you comprehend the maturity benefit better. If you make a monthly investment of ₹1,03,903 for five years, the plan will provide you with a ₹1,00,00,000 reward at the end of the 10th year. This kind of return can be incredibly beneficial in aiding your child to achieve their aspirations.
Boost your maturity benefit: The iSelect Guaranteed Future Plan offers bonuses that can boost your maturity benefit, providing you with extra funds to help pay for your child’s education.
Payor premium protection cover: In case of the unfortunate death or critical illness of the policyholder, this plan ensures that the future premiums are paid on the policyholder’s behalf, ensuring that your child’s education is not affected.
Apart from these features, the iSelect Guaranteed Future Plan also offers tax benefits under Section 80C of the Income Tax Act, 1961. This can help you save on taxes while also securing your child’s education.
Investing in a guaranteed plan like the iSelect Guaranteed Future Plan is an excellent way to secure your child’s education. It helps you plan for your child’s future with certainty, knowing that you have a reliable source of funds. With proper financial planning and smart investments, you can give your child the best education and set them up for a bright future.
It also offers a range of child insurance plans that can help you secure your child’s future. These plans provide coverage against unforeseen events, ensuring that your child’s education is not affected in case of an unfortunate event.
Conclusion: In conclusion, education is one of the most important investments you can make in your child’s future. With the rising costs of education, it’s essential to start planning early and invest in a guaranteed plan to ensure that your child’s education is not affected. It is an excellent option to secure your child’s education and give them the best possible start in life. So, start investing today and give your child a bright future.
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Contact:
Name: Anuj Mathur
Company: Canara HSBC Life Insurance Company Limited
Email: customerservice@canarahsbclife.in
Contact: 1800-258-5899
Website: www.canarahsbclife.com
Address: Head Office: 139 P Sector – 44, Gurugram – 122003, Haryana, India
