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Child Insurance - Family - Nairaland

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Kiddies Bank Account Or Child Insurance- Which Is Better? (2) (3) (4)

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Child Insurance by Emmanueleneji: 10:51am On May 27
3 BENEFITS OF CHILD INSURANCE
children are special gift from God, they were entrusted to you and it is your responsibility as a parent that you are able to meet their needs and design a plan that will secure their future. It is crucial you understand why you are buying an insurance plan for your child

1. EDUCATION: without doubt this is a fundamental principle for any child. It is your goal that your children receive the best form of education that you can provide. With the rising cost of education it is important you plan towards the education of your children and it is done by designing an effective financial plan. You determine the academic level of your kid be it primary, secondary or tertiary and you set up an account specifically for their education. With this you are rest assured of their school fee.

2. ENTREPRENEURIAL GOAL: Your children are the leaders of tomorrow in respective of the economic chaos. Funding your children can seem challenging but with a system that has been initiated consciously, the future ambition of your child becomes a reality. In this case you are with them helping to see that their dreams are fulfilled and that is the best moment any parent can imagine.

3. FINANCIAL SECURITY: This is the most important part of insurance plan for your child. No parent would want his/her child to suffer. The truth is just few are aware that life insurance cover is an opportunity to leverage in protecting the ones you love. The world we live in today is full of uncertainties. Who is going to take care of your children if an unfortunate incident (death) or disability should occur? No one is truly concerned about them and it's your responsibility to see that even if there is any dismissal, your children can carry on with he life you designed for them. You wouldn't want to leave your children paying debts from burial/funeral or any other type of debt that might occurred. This type of life insurance cover for kids pays them a good amount to start with even if you are not around.
No matter your Marital status single parent or whatsoever your children should be your Priority !!!!

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