Best Life Insurance Options for Children in 2024: A Smart Investment
In 2024, the best life insurance policies for kids in India focus on securing their future financial needs. Child plans like HDFC Life YoungStar Udaan and ICICI Prudential Smart Life Plan ensure education and other expenses are covered, even if something happens to the parent. Endowment plans, such as Bajaj Allianz Life LongLife Goal Plan, offer both insurance and savings for future needs. Unit Linked Insurance Plans (ULIPs) like SBI Life Smart Child Plan provide market-linked returns while offering coverage. These policies help build wealth for milestones like education and marriage while ensuring financial protection.