Not exact matches
Please suggest one which would be ideal for me or any
suitable insurance plan which would cover me along with my family (wife &
child).
Suitable Insurance Plan for
children.
Second, the chambers judge in this case ordered that the
child be returned to Billings, Montana; however, the return of the
child was subject to the father fulfilling certain conditions, namely: pay
child support to the mother, pay spousal support to the mother, pay the costs associated with the mother's and
child's return to Montana, provide the mother with
suitable transportation and
insurance to return to Montana, and pay the first and last month's rent for the mother's accommodation in Billings.
If you
child's age is from 5 years to 23 years, then you would also have a choice to buy a separate health
insurance policy for your
child or continue with the family floater policy; as
suitable.
As your personal situations change (e.g., marriage, birth of a
child or job promotion), so will your life
insurance needs; care should be taken to ensure that this strategy and product are
suitable for your long - term life
insurance needs.
May not be
suitable for your needs (young couples with families may be better off buying term
insurance where they can get much more term coverage while their
children are growing and their estate is growing)
Term
insurance + PPF / other
suitable investment options can be a better choice than to invest in
child plans.
However, if you do not want to venture out too much while seeking investment options, you can stick to a traditional
insurance policy, which will provide you adequate coverage for your minor
child's education, medical expenses, coverage in case ofdemise of either of the parents, and also act as a
suitable collateral for loans taken for higher education.
As mentioned before, whole life
insurance is most
suitable for an individual who more or less has needs that will not change drastically — for example, an elderly man who is not planning on having any more
children.
(c) To the extent necessary to protect an award of
child support, the court may order the obligor to purchase or maintain a life
insurance policy or a bond, or to otherwise secure the
child support award with any other assets which may be
suitable for that purpose.