Is education insurance the best way to save for a child’s education?



Investing in education insurance is the best way to save?

Is education insurance the best way to save for a child’s education?
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3 Replies to “Is education insurance the best way to save for a child’s education?”


  1. Insurance is an EXPENSE , not an avenue for INVESTMENT. Insurance is basically a LOSS REDUCING avenue for UNFORESEEN EVENTS.

    For child education , the best avenue is a combination of PPF / SIP in Mutual Funds / Direct Equity.

    Having said this, the main bread winner should have enough PURE TERM COVER insurance on himself / herself.


  2. Probably Yes. Education Insurance is same as Child Plans. It helps you invest for the future of your child’s education. I would recommend that you are looking to invest in a child education plan, dont hesitate. Education insurance also helps parents to concentrate on other aspects of education other than the finances.

    I would personally suggest that you check out Aviva New Young Scholar Plan if you are looking to invest as its quite detailed and give you benefits in terms of attractive returns and loads of other stuff which you can find on their website.

    Education of a child is the most important thing which parents should not take it easily. And only by saving at the earliest can you ensure that no financial troubles happen in the future.

    All the best!





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