The cost of education has been increasing day by day. With this rise in cost, it is becoming even more difficult for parents to provide the best possible education to their children. In order to help them with this task, we have come up with a policy that will give you fixed percentage increase every year without any compromise on your lifestyle and lifestyle expenses.
Education is expensive.
The cost of education is increasing, and it’s not just the price tag that you see on your tuition bill. Inflation has been outpacing income growth since 2005 and has risen faster than GDP in every year since then.
Inflation: 2012 -3%, 2013 -2%, 2014 -0.5%, 2015 1.8%; 2016 2%; 2017 3%.
Income: 2012/2013 1%/2%; 2014/2015 0%/1%; 2016 1%/.
Guarantee of fixed percentage of increase in Insured amount. In other words protection from rising education cost.
The guarantee of fixed percentage of increase in Insured amount is a very important aspect of education insurance policy. In other words protection from rising education cost. This will ensure that your premium is not going to rise even if the cost of education increases over time.
Another benefit of having an education insurance policy is the guarantee of return on investment, which means that you can invest your premium and get interest on it depending on how long you have invested in the policy (for example, 1 year). So if you buy an annual plan for $1000 per year, then after one year when it expires there will be some money left over so that when next year comes around another renewal can be done without any extra costs involved!
It is linked to an investment fund ensures returns that keep pace with the future cost of education
Education is expensive, and even if you plan on saving up for the future, it’s important to have an insurance policy that helps you plan for your child’s education. With a good education insurance policy in place, you’ll be able to ensure that your children get into a good school so they can learn at their best. This will help them get into the job market as well later on in life when they need it most!
Helps plan the future fund requirements and investments required to achieve those goals.
Helps plan the future fund requirements and investments required to achieve those goals.
Helps you plan your funds better.
Helps you save for your child’s education.
Eases financial burden on individual who finances his/her child’s education which can help them and avoids any compromise in their lifestyle.
You can get your children into a good school or college by paying fees at regular intervals on your behalf. This will help you avoid any compromise in your lifestyle and ensures that they are able to pursue their dreams. It is also better than taking full burden on yourself, because it makes sure that you have enough funds for them. You can plan your funds better and make sure that there is no financial crisis in future, which would have happened if they had been left alone without any assistance from anyone else except themselves.
Gets your children into a good school or college by paying fees at regular intervals on your behalf.
Education insurance policies allow you to get your children into a good school or college by paying fees at regular intervals on your behalf. These policies also help you plan the future fund requirements and investments required to achieve those goals. If a person is unable to finance his/her child’s education due to ill health or other reasons, he can take out an education policy from this insurance company which will cover all expenses incurred during the period of study.
Education Insurance Policies Are Available In India
Education insurance policies are available in India but they vary according to each individual’s needs and requirements.
Provides liquidity as lump sum payout in advance of each stage of education- to help you plan your funds better.
An education insurance policy can provide you with liquidity as lump sum payout in advance of each stage of education. It helps in planning the future fund requirements and investments required to achieve those goals.
This is because it covers all expenses related to your education from tuition fees, accommodation and food, transportation costs etc., which means that there is no risk involved when you use it to pay for school fees or other educational expenses like books or uniforms.
Education is becoming expensive day by day it is better to have insurance policy than take full burden on you
The cost of education has been rising day by day and it is becoming expensive for students. This can be a very stressful time for students who have to pay for their education. Education insurance is a good way to plan for the future, it will help you save money and avoid any financial burden that may come in future.
Conclusion
Education is becoming expensive day by day it is better to have insurance policy than take full burden on you.
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