Hi Ladies I am a mother of 6 mnth old girl baby. I am planning to take some child insurance policy for her future. There are so many policies available in the market from so many banks. Can anyone suggest me which is the best policy based on the personal experiences and what would be the right approach for investing for our kid's future. Cheers !
I repeat once again here: Please separate INSURANCE from the INVESTMENT. Dont ever get into the mess of Investing through Insurance. Its a big time loss for the investor, only feeds the agent and the insurance company. Please do a lot of research on web about the dangers of Insurance as an Investment vehicle. Good luck
AIG is best . But need to read lot of if's and But's. LIC policies are reliable even though returns are 20-25% less than others. As SreeSri pointed, Insurance is not Investment.
Hi Srividya, I have taken a very good future secure plan for kids. I have taken two policies for my two kids in Max new yark. Your kid's future is secured and she can realize her dreams even if the parent who pays premiums is no more. If you are interested to know more about it , let me know i will explain in detail.