Make Your Child Plan Comprehensive With Riders

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Child Plans
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Make Your Child Plan Comprehensive With Riders
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• Every parent dreams of a bright future for their
  child. They want their children to be the best
  doctor in town or get into nowhere less than IIT,
  MIT or Harvard. In addition, every parent dreams
  of a wedding for their child that has all the
  paraphernalia of a typical big-fat Indian
  wedding. So, from the time a child is born, you
  as a parent would explore every option available
  to fulfill every dream for your child. However,
  it might not be possible with the resources you
  have in hand. You need to then explore other
  options like investments and must invest
  intelligently.
• One of the best investment options is child
  savings plans that will provide you money at key
  milestones in your child's life. These policies
  and plans ensure continuity and provide the money
  even if you are not alive during the key
  milestones of your child's life. In addition, you
  can opt for insurance riders along with the plans
  to added value and power to the plans. Your child
  will thus get the additional benefits that you
  opted for at a little extra premium.
• Riders and Child Plans
• You must therefore compare and opt for the best
  child insurance plan that meets your need but is
  affordable too. An online child plan is a good
  option that helps you in easily comparing various
  policies and then selecting the best child plan.

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• You must also look for plans with riders and
  similar features that make your policy more
  powerful and useful. Riders are additional
  features that you can opt for with your plan at
  an additional premium amount.
• It is up to the insurance company what riders
  include in their policies, whether to make them
  optional or part of the policy, or whether to
  exclude them from their policies altogether.
  Riders are meant to give you and your child a
  more secure and a financially stable life. It is
  therefore up to you to select the riders that you
  need. An extra premium would give that extra
  power to the already powerful insurance policy.
• The typical riders that come with child plans
  are
• Payer benefit
• The most valuable riders are those that are
  needed to ensure that the policy does not lapse
  in case the insured does not survive the term of
  the policy. The child is then paid a lump sum
  amount if the policyholder is no more.

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• Waiver of premium riders
• In case of death of the insured, future premiums
  are waived off for the child. This ensures that
  the child doesn't have the burden of paying the
  remaining premiums, which is then paid by the
  company.
• Dreaded diseases
• In case of a dreaded disease, a lump sum amount
  is paid for the treatment of the child.
• Personal accident benefit
• In case of an accident, a lump sum amount is paid
  for the treatment of the child.
• The death of a parent would disturb the life of
  any child emotionally and financially. It is
  therefore up to you to select the riders
  according to your needs. Riders make your policy
  very strong by adding variety and range, so must
  be added cautiously.
• Child plans provide financial support for your
  child education. We helps you to compare choose
  best child plan from leading insurer in India.

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