Guaranteed Return Plan for Children in India

Getting your child 'everything' that they desire may not seem plausible in today's inflation hit and economically slow environment. In fact, both parents' combined income may not be enough to fulfill their child’s heightened inclination for wants more than needs. Furthermore, one cannot rule out the high cost of living that is constantly rising.

On the back of what life may bring with it in the future, parents are looking for options that provide protection and income if something unexpected happens. People in such a scenario should consider a Guaranteed return plan/traditional insurance plan as one of the most efficient options to not only seek protection against unwanted events but also to gain an extra source of income for planned/unplanned future events so that they are not taken by surprise in times of adversity.

Features Of A Guaranteed Return Plan for Children in India

All Parents' concerns are similar; that they want protection for their children and their monetary security for future events.

All parents, therefore, must opt for a Guaranteed Return Plan. As the name suggests, a guaranteed return plan offers assured returns on your investment.

• This type of plan is akin to the traditional insurance plans, where the premium is fixed at the beginning of the term, and the returns are also pre-decided.

• This plan is not market-linked, which keeps one stress-free without the worry of fluctuating market performance.

• Safety concerns of parents are met as they get to plan their child's future with the returns that they will receive.

• The returns or guaranteed return would be a bonus along with the return of the premium amount paid and the sum assured.

• Such kinds of plans are available at low premiums, and the term is from 10 years to 30 years.

Investment

Secure

Secure your child’s future with or without you

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₹10,000/Month

& Get

₹1 Crore^*

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List Of Guaranteed Return Plans For Children 

The following table lists some of the insurance policies that you can explore for your children and get assured returns on the same.

Summing Up!

The guaranteed plan will help you save money for your child's future expenses like their education, marriage, and many other events. Not to forget, this plan will offer a death benefit to the nominee in case of either of the parents' untimely demise. The child won't suffer as all his needs will be met. Some guaranteed plans give you the option to receive regular returns. You can choose to avail of the returns as per your planning of important events. Income through this plan is tax exempted as per current income tax laws. The premium can be paid monthly, quarterly, annually, and even on a single premium basis according to the company's policy terms.