Unlike child insurance plan the insured person can withdraw the saved amount once the child reaches to his / her adulthood.
Not exact matches
Unlike the 529
Plan which can actually disqualify your
child's eligibility for a FAFSA loan, life
insurance cash value is not taken into account when your
child is applying for a student loan.
Unlike other
plans of
insurance, a
child plan will have an inbuilt benefit of the waiver of premium rider.
Unlike money kept in some financial products for
children, such as 529 college savings
plans, a juvenile life
insurance policy's cash value doesn't have to be used specifically for education.
Unlike traditional
insurance plans that do not guarantee money availability for paying your
child's education fee (in case of your untimely death),
child insurance plan protects your savings for securing your
child's future.
Unlike other life
insurance policies, a
child plan does not terminate after the demise of the parents.