Child plans offer payments to finance the child's education
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Child plans are known to give higher returns than PPF or FD.
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The policies allow the policyholders to invest in both debt and equity.
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It is essential to make provisions before choosing a child plan.
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The needs of the child will be taken care of even in the absence of the parents
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The policy comes with an inbuilt waiver of premium
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Future premiums are waived off if anything happens to the policyholder.
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Child plans offer longer horizon
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Good returns with equity investment over a time horizon of 10 years and above
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