5 views | Jun 30, 2022, 09:50:33 AM | TIMESOFINDIA.COM
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Child plan is pretty much like an endowment or a ULIP plan but it does have one unique benefit which is, that this plan does not terminate upon the death of the insured parent. However, since the time frame between now and the targeted goal is on the higher side, a combination of mutual funds and a term insurance plan can do a much better job by not just earning more returns but also by providing a higher life insurance cover. Source: ET MoET Moneyney. Download the app here.