Sentences with phrase «traditional child plan»

In case of traditional child plans, the payout matches the requirement.

Traditional Child Insurance Plan: Traditional child plans carry the twin benefits of savings and insurance.

If you are averse to taking risks, in that case, explore traditional child plans that invest only in debt.

We shall discuss about traditional child plans in a subsequent post.

Traditional child plans do not offer investment steering in your hands rather the insurance company invests your money as per the regulator's guidelines.

Traditional child plans carry the twin benefits of savings and insurance.

And, the premium paid in traditional child plans is generally invested for corpus creation and guarantee payouts in government securities.

SBI Life Smart Champ Insurance is a participating traditional Child Plan designed specifically to provide for the child's future needs even if the parent is not around.

Managing director and CEO of PNB MetLife, Tarun Chugh informed that they have a ULIP child plan and are planning to launch a unique traditional child plan in some time.

In traditional child plans, the general duration is of 15 years whereas after the 5 year lock - in period of ULIPs, individuals with higher risk appetite can also invest for 3 terms in ULIPs.

It's a traditional child plan which participates in the profits of the company by way of earning bonuses and promises guaranteed returns.

While one plan is a traditional child plan, the other is a Unit Linked Insurance Plan (ULIP).

A traditional child plan which is designed to take care of the child's future by creating and maintaining funds for the child even in the absence of the parent.

LIC's Jeevan Tarun — the LIC child plan is a traditional child plan which is a combination of an Endowment Plan and a Money Back Plan.

Aegon Life Edu Care Advantage is a traditional Child Plan with Money Back facility.

Edelweiss Tokio Life EduSave is a traditional Child Plan which facilitates savings for the child's future and provides a risk - free future stability for the child even if the parent is not around.

Exide Life Mera Ashirvad is a traditional child plan which safeguards the child's future even in the absence of the policyholder by creating a guaranteed corpus

Exide Life New Creating Life Insurance Plan is a traditional child plan designed to protect the child's future against any eventualities by creating a strong corpus for future requirements

Traditional child plans that helps you to save money for child's future.

HDFC SL YoungStar Udaan Plan is a traditional Child Plan with multiple benefit options combining the features of Endowment and Money Back plan for a secured future for the child

S Sridharan of FundsIndia informed that interest rates on FDs have been 7.3 % on a average in the past 13 years whereas, a traditional child plan offers 6 % return.

One is a traditional child plan while the other is a unit - linked child plan for maximum coverage and wealth creation.

The traditional child plans offer safe returns on your invested premium amount to take care of the financial requirements for the child's education, higher education, marriage, etc..

At the maturity of the plan, the sum assured along with some guaranteed benefits are payable in the traditional child plans where as in the unit linked child plans, the total of fund value is paid at the maturity which no.

Every child plan either unit linked or traditional offers death benefit which is Sum Assured in the case of the traditional child plan and higher of two (Sum Assured or Fund Value) in case of the unit linked child plan.

The traditional child plans offer safe returns on your invested premium amount to take care of the financial requirements for the child's education.

Traditional child plans are safe saving and investment tool for your child's better future.

Traditional Child Plan — This plan gives you the benefit of saving and insurance.

Do note that in traditional child plans, the effective returns are 2 - 5 % of premiums paid, and in unit - linked insurance plans the benefits are completely market - linked