Jan 04, 2017 05:29 PM IST
Child plans are no different from other endowment and money back policies except for their names. After deducting agent commissions and administrative charges, the premiums invested in safe debt options offer sub-optimal returns, about 6-7 per cent.
Jul 08, 2015 03:51 PM IST
Buying a child plan is more of an emotional decision than a financial one. However, it may not be worth it, given the low cover and low return they offer.
Sep 27, 2013 04:05 PM IST
Personal finance advisor Sanjay Matai deciphers the best options for a child's insurance plan.
Aug 13, 2013 08:27 PM IST
Personalfn lists out the ways one should plan their child's future. It lists out the kind of investment options one should go for so that child's future and education is secured.
Feb 02, 2012 04:15 PM IST
Every little step your child takes, your smile becomes wider but slowly you become more aware of your responsibilities.