Which is best education policy in India?
1) LIC Jeevan Ankur. LIC Jeevan Ankur is one of the best benefits for children offered by LIC. This is a traditional plan that has carefully designed themes that help in the planning and future of a child’s education. This plan means that parents are still insured in life and that their children are still appointed.
Which plan is best for child education?
Best Child Plans in India
| Plans | Entry Age | Minimum Annual Premium |
|---|---|---|
| Future Generali Assured Education Plan | 21-50 years | Rs 20,000/- |
| HDFC SL YoungStar Super Premium | 18-65 years | Rs 15,000/- |
| ICICI Pru SmartKid Solution | 20-54 years | Rs 48,000/- |
| IndiaFirst Happy India Plan | 18-50 years | Rs 12,000/- |
Is there any insurance for education?
A Child Education Plan is an insurance plan that helps you protect your savings and safeguard your child’s future. The plan provides you with options to invest your savings and then use them for your child’s education, in parts or one single withdrawal.
Which is the best insurance policy in India?
Top 10 Life Insurance Policies in India
| Plan Name | Plan Type | Entry Age (Min/Max) |
|---|---|---|
| HDFC Life Click 2 Protect Plus | Term | 18 years to 65 years |
| Aviva i-Life | Term | 18 years to 55 years |
| Future Generali Care Plus | Rural | 18 years to 60 years |
| Birla Sun Life BSLI Protect@Ease Plan | Term | 18 years to 65 years |
Is SBI Smart Scholar good?
In the event of the death of the life assured, a lump sum benefit equal to higher of sum assured or 105% of the premiums paid till death. In the event of the death of child, no sum assured is paid….Key Features of SBI Life – Smart Scholar.
| Type of Fund | Risk Profile |
|---|---|
| Bond Fund | Low to medium |
| Money Market Fund | Low |
Which country has best education policy?
United States. #1 in Education Rankings. No Change in Rank from 2020.
What is a good investment for a child?
Stocks represent one of the best investments for kids because they have a long-term orientation and will provide years of fruitful returns for your kids. All of the child investment plans covered above allow you to hold stocks in some form or fashion through individual stocks, exchange-traded funds or mutual funds.
Which is best policy for girl child?
Public Provident Fund (PPF) The public provident fund, shortly known as PPF, is the best investment plan for a girl child’s future in India. The plan has a minimum tenure of 15 years, and parents can extend the same further for another 5 years.
Which is the best child plan in India?
Best Child Investment Plans
| Plan Name | Entry Age |
|---|---|
| HDFC SL Youngstar Super Premium Child Plan | Life option- 18/65 years Life & Health Option-18/55 years |
| ICICI Pru Smart Kid’s Regular Premium | 20/54 years |
| Kotak Head start Child Assure Plan | 18/60 years |
| LIC – New Children’s Money Back Plan | 0/12 years |
Is Jeevan Anand good policy?
LIC’s New Jeevan Anand is a good life insurance plan for your family. It offers an attractive combination of savings and protection. The cover provided is available throughout the lifetime of the policy. In addition, this plan comes with a loan facility as well.
Is PPF better than LIC?
While LIC policies serve the purpose of insurance, a PPF serves the purpose of savings. PPF is a Public Provident Fund meant for long-term savings and retirement….PPF VS LIC.
| Points | LIC | PPF |
|---|---|---|
| Tenure | Flexible | 15 years |
| Premature closure | Premature closure allowed with penalties. | Premature closure not allowed. |
What is SBI Smart Scholar Scheme?
SBI Life Smart Scholar is a non-participating ULIP Child Plan which is designed for the benefit of the child where the child’s future is secured even in the absence of the parent. Best Investment Plans. Guaranteed Tax Savings. Under sec 80C & 10(10D)