However, there are
child insurance policies where in policyholders are allowed to make periodic or occasional withdrawals before maturity of the plan.
An
ideal child insurance policy must allow the policyholder parents the option to control the choice of markets they would like to invest in.
PNB
MetSmart Child Insurance policy is a Unit Linked Insurance Plan that is used to take care of future costs for a child, be it rising educational fees or extracurricular activities, etc..
Although tailor -
made child insurance policies are costlier, these plans are designed to cater to children.Child Plans are tailored to meet important expenses as and when required to ensure that there is no glitches in your child's pursuit of his or her dreams.
A lack of insurance education in India make it very difficult for most parents to choose the
right child insurance policy for their children.
Continuing my query
on Child Insurance policy, I have already bought IDBI Federal Future Star Policy after having studied New Child Plan from LIC (useless product which has child as insured)