Tax saving With child Insurance Is benificial For Everyone, Insurance Important For Every Family

Last date for tax saving investment proof is close now. Most people prefer to take in the Tax Savings Plan. Insurance companies try to capitalize on tax planning in this environment.

The child plans have become the first choice of insurers. 2 6 companies in the past two months has launched child insurance plans. These Bharti AXA Life, MetLife, Kotak Mahindra Life, including Agon Religare Life and IDBI.

The country's largest insurer LIC has launched sprout their child life insurance plans. A survey revealed that 72 per cent of these parents saving for their children are the priority. Child insurance plans to take advantage of companies are launching.

Child plans to invest in the future of the child will be safe, your good - will save substantial taxes. According to tradition rather than investing in child insurance plans to invest in a ULIP child plan better. Insurance is definitely better for the child but the premium waiver before making plans, allocation, charging Riders must check conditions such as guaranteed returns