Armoring Your Child Against All Odds

There is no better joy than welcoming a new life into the world. As a parent, you want the best of everything for your little bundle of joy, but somehow, the thoughts of the unforeseen future always lurks at the back of  the mind, and you would not want it to affect your child’s future at any cost. Therefore, apart from including your child as a nominee in your term plans, a life insurance cover for the child is also important. According to financial planners, education and marriage for children tend to be the most common goals that parents have in mind. However, parents tend to buy child-related insurance plans to meet the financial requirements for pre-defined events, such as education and marriage costs. In the case of education cost, a parent may buy an insurance plan, which provides regular payments each year when the child goes to college for  higher...