Kathmandu. Today is Children’s Day. We think about the rights and future of every child. Financial security is as important to a child’s future as education and health. An insurance plan designed especially for children plays an important role in ensuring this financial security.
Insurance: A cover
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An insurance plan for children is not only a financial investment but also a safety net. The scheme will help raise funds for education. Considering the increasing cost of higher education in Nepal, this insurance plan ensures that children do not have to stop studying in the event of any financial crisis in the future.
Protection even in the absence of a parent{{
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One of the most important aspects of insurance is that the future of the child is secure even if the parents die or become disabled due to any reason. Most of the children’s insurance plans have a premium discount. Under this, if something happens to the parents, the insurance company pays the remaining premium and provides the amount fixed for the child’s future on time.
Health and Emergency Expenditure Management
Insurance also helps to cope with the sudden expenses of a child’s health. Many insurance plans include health and critical illness coverage as a rider benefit. Due to this, there is no financial burden on the parents in case of any emergency health problem.
Disciplined Savings Motivation{
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The insurance plan motivates the parents to save in a disciplined manner. Regular premium payments help build a solid corpus for the future. Which can be used for a child’s higher education, marriage or other important needs.
On the occasion of Children’s Day, every parent needs to understand the importance of insurance to secure and ensure their child’s future. Today’s small investments can make tomorrow’s big dreams come true.
